Growing Market Presence FastPay has originated over six billion dollars in transaction volume since inception, demonstrating strong market traction within the media payments landscape. This substantial transaction history indicates a well-established client base and potential for expanding their payment automation solutions across other media sectors.
Recent Strategic Acquisitions Following its acquisition by AvidXchange in 2021, FastPay benefits from increased financial backing and technological resources, creating opportunities for new product development and deeper integration with broader accounts payable and payment automation offerings sought by their clients.
Industry-Specific Solutions FastPay’s tailored offerings, including the recent Political+ product launched for political agencies, suggest an openness to developing specialized payment solutions. This creates a sales opportunity to introduce customized services to other niche sectors seeking efficient, secure payment flows.
Tech-Driven Approach With a robust technology stack including tools like New Relic, HubSpot, and HTTP/3, FastPay emphasizes tech-driven efficiency. Engaging prospects with their innovative, proprietary data and workflow solutions can position them as a leader in media-focused payments technology.
Partnership Opportunities FastPay’s history of forming strategic partnerships with digital agencies and research firms highlights their openness to collaborations. Sales efforts can explore co-marketing, integration, or joint ventures to extend their reach into new media segments or geographic markets.