FinovateEurope 2014 / fastacash
Presenter Profile:
How they describe themselves: fastacash™ provides a global social platform which allows users to transfer value (money, airtime, other tokens of value, etc.) along with content (photos, videos, audio, messages, etc.) through social networks and messaging platforms. The company has developed a patent pending link generation technology that enables the value transfer with a secure link.
As a technology enabler, fastacash™ partners with companies and brands in the payments, remittance, consumer products, social, and gaming industries to bring its technology to end-users. The company recently launched its showcase service in the United Kingdom (international remittances from the UK to Kenya) through a partnership with VFX Financial. It also launched in Indonesia (domestic money transfers) in November, with partner, DOKU, a leading PSP. The company is preparing to launch in Russia with UNISTREAM.
Product Distribution Strategy: Direct to Business to Consumer (B2B2C)
Contacts:
Bus. Dev. & Sales: Gilberto Arredondo, CCO, gilberto@fastacash.com
Press: Radhika Angara, CMO, radhika@fastacash.com
Website: fastacash.com
Twitter: @fastacash
HQ: Singapore
Founded: April 2012
Product Demoed: fastacash™
Product Launch: September 2013
Metrics: $4.5M between Seed Round and Series A, 17 employees
Presenters: Vince Tallent (Chairman & CEO), Gilberto Arredondo (Chief Commercial Officer)
- Key Executives
Vince Tallent (CEO & Chairman), Shankar Narayanan (Chief Innovation & Product Officer & Co-Founder), Peter Harkin (CFO), Radhika Angara (CMO), Gilberto Arredondo (CCO), Michael Wee (Creative Director & Co-Founder)
Key Stats
- Key Board Members
Samuel Leinhardt (Strategic Advisor), Brad Jones (Strategic Advisor), Aaron Chipper (Engineering Advisor), Enoch Chng (Regulatory & Governance Advisor)
- Key Advisory Board Members
Samuel Leinhardt (Strategic Advisor), Brad Jones (Strategic Advisor), Aaron Chipper (Engineering Advisor), Enoch Chng (Regulatory & Governance Advisor)
- Key Investors
Funding the Future, Jungle Ventures, Spring SEEDS Capital
- Key Customers
DOKU, VFX Financial, UNISTREAM, BICS, Credoks