Stripe leads Fast’s new $20m Series A investment round

Payments giant Stripe has led the $20m round raised by Fast, a startup building platform-agnostic login and checkout services.

Other investors participating in the Series A investment round included Index Ventures and Susa Ventures, TechCrunch reported. Index Ventures recently led spending managment company Spendesk’s €35m Series B round.

Fast’s new capital injection comes just months after the startup raised its seed round in November.

Essentially, Fast’s service enables customers to log-in to and pay for goods at various different vendors and e-commerce sites.

The news comes after Stripe landed itself a gigantic $35bn valuation in September 2019 after raising a $250m Series F round.

The payment company is no stranger to supporting FinTech startups, having backed PayMongo and acquired Touchtech Payments in the past.

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