About Fastacash
Fastacash is a company based in Singapore (Singapore) founded in 2012 was acquired by MYPAY in March 2017. Fastacash has raised $23.5 million across 4 funding rounds from investors including MYPAY, Rising Dragon and InspirAsia. Fastacash offers products and services including FastACash Platform. Fastacash operates in a competitive market with competitors including Remitly, Euronet Worldwide, Xoom, BookMyForex and NALA, among others.
- Headquarter Singapore, Singapore
-
Sectors
Financial Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Fastacash India Private Limited
- Date of Incorporation 03 Apr, 2013
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$753.94 K (USD)0as on Dec 31, 2015
-
Net Profit
-$6.59 M (USD)0as on Dec 31, 2015
-
EBITDA
Not available
-
Total Equity Funding
$23.5 M (USD)
in 4 rounds
-
Latest Funding Round
$15 M (USD), Series B
Jul 14, 2015
-
Investors
MYPAY
& 6 more
-
Employee Count
Not available
-
Acquired by
MYPAY
(Mar 03, 2017)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Fastacash
Fastacash offers a comprehensive portfolio of products and services, including FastACash Platform.
Online tool for secure sending and receiving of payments globally
Funding Insights of Fastacash
Fastacash has successfully raised a total of $23.5M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in July 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Fastacash
Fastacash has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include MYPAY, Rising Dragon and InspirAsia.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Locked | Locked | Locked | |
|
-
|
Locked | Locked | Locked | |
|
Fintech startups are supported through investments and acceleration by Life.SREDA.
|
Locked | Locked | Locked |
Investor details for Fastacash
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Fastacash
Investment portfolio details for Fastacash
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Fastacash
Detailed financials for Fastacash
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Fastacash Comparisons
Peer comparison for Fastacash
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Fastacash
Fastacash operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Remitly, Euronet Worldwide, Xoom, BookMyForex and NALA, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Cross-border money transfers are facilitated via banking networks.
|
|
| Locked | Locked | Locked |
Electronic payments and transaction processing solutions are offered globally.
|
|
| Locked | Locked | Locked |
Cross-border money transfers are enabled via banking channels.
|
|
| Locked | Locked | Locked |
Online foreign exchange and remittance services are facilitated in India.
|
|
| Locked | Locked | Locked |
Cross-border remittances are enabled online for individuals worldwide.
|
|
| Locked | Locked | Locked |
Cross-border money transfers are enabled via a digital banking channel.
|
Detailed competitors of Fastacash
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Fastacash
Complete news archive for Fastacash
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Fastacash
Fastacash was founded in 2012.
Fastacash is headquartered in Singapore, Singapore.
Fastacash is a funded company, having raised a total of $23.5M across 4 funding rounds to date.
Annual revenue of Fastacash is $753.94K as on Dec 31, 2015.
Fastacash was founded in 2012 in Singapore and operates within the fintech sector. A global platform is provided for transferring money, airtime, and other value tokens alongside photos, videos, audio, and messages through social networks and messaging apps. Patent-pending link technology is utilized for secure transactions, with an API integrated to banks, mobile operators, and remittance firms to facilitate socialized payment services.
Fastacash's top competitors include Azimo, Euronet Worldwide and NALA.
Fastacash offers FastACash Platform.
Fastacash has 7 investors. Key investors include MYPAY, Rising Dragon, InspirAsia, Life.SREDA, and SPRING Singapore.