Originally founded in 2009 as FastPay, the company focused on solving cash flow challenges and streamlining B2B payments within the digital media landscape. It provided financing and payment automation platforms for media buyers, agencies, and suppliers. In 2021, FastPay was acquired by AvidXchange, a leading provider of accounts payable (AP) automation software and payment solutions. FastPay's services and expertise have since been integrated into AvidXchange's offerings, creating a specialized vertical solution that helps media companies automate their entire invoice-to-pay process, from invoice receipt and approval to payment execution and reconciliation.

Founded in

United States