Fast secures $102m in Series B round

Online login and checkout FinTech Fast has secured $102m in a Series B round.

Addition and Stripe co-led the raise with the support of existing investors Index Ventures, Susa Ventures, Sugar Capital and Jaren Glover.

The raise comes on the back of Fast launching its Fast Checkout product in September 2020, which is now available for WooCommerce and BigCommerce sellers.

Fast will use the cash injection to expand its product to more e-commerce platforms and online retailers in the coming months.

“The positive response we’ve received from online sellers who have installed Fast Checkout has been overwhelming, and the funding we are announcing today will enable Fast to meet the demand to bring one-click buying to even more e-commerce stores,” said Domm Holland, CEO and co-founder of Fast.

“We are grateful to work with investors who share our vision to radically improve the online buying process.”

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