Fast

Fast

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Enables to easily and securely access the world, without passwords. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
AUD631—946m (Dealroom.co estimates Jan 2021.)
San Francisco California (HQ)
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Fast.co is a startup focused on simplifying the online checkout process for consumers and businesses. The company operates in the e-commerce market, providing a seamless, one-click checkout experience that aims to reduce cart abandonment rates and increase conversion rates for online retailers. Fast.co serves a wide range of clients, from small businesses to large enterprises, who sell products or services online.

The business model of Fast.co revolves around offering a streamlined checkout solution that integrates with various e-commerce platforms. By enabling a faster and more efficient checkout process, Fast.co helps its clients improve their sales performance. The company makes money primarily through transaction fees and possibly subscription fees for premium services, although specific details on pricing models are not publicly disclosed.

Fast.co places a strong emphasis on security and privacy. The company partners with industry leaders like Very Good Security (VGS) to ensure that all customer data is protected. Fast.co is PCI Level 2 compliant, which means it adheres to strict security standards set by the Payment Card Industry. The company is also working towards achieving PCI Level 1 compliance, the highest level of security certification in the industry. All information provided to Fast.co is encrypted, both when it is stored and when it is transmitted, to keep it as secure as possible.

In summary, Fast.co is revolutionizing the e-commerce checkout experience by offering a quick, secure, and user-friendly solution. The company serves a diverse range of online retailers and operates in the competitive e-commerce market. Its business model focuses on transaction and possibly subscription fees, and it prioritizes the security and privacy of customer data.

Keywords: e-commerce, checkout, online retailers, transaction fees, subscription fees, security, privacy, PCI compliance, encryption, conversion rates.

Tech stack

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Investments by Fast

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