This morning
Fast, a startup that provides online checkout and identity products, announced that it has closed a $102 million Series B. The new funding event was led by Stripe, a previous investor in Fast.
Stripe, an online payments giant, also led Fast’s Series A last year,
a deal worth $20 million. Fast has raised $124 million to date, it said in a release.
TechCrunch reached out to Fast for comment regarding its growth pace. The company shared that gross merchandise volume (GMV) processed by its checkout service has “more than tripled each month,” adding that it expects that “trend to continue and increase.” The growth pace is hard to rate as we lack a base from which to scale, but we do now have an expectation for future GMV progress from Fast that we can use as a measuring stick.
