Payment technology provider Stripe has offered to invest $30m in US-based e-commerce software developer Fast at a valuation of $150m to $180m, Axios has reported.
Fast is the creator of a mobile platform that facilitates one-quick payment. Users sign up to the service, connect their bank account and, once they are logged in, can pay for goods or services on partner platforms with a single click.
The company raised an amount reported by Crunchbase to be $2.5m in November 2019, from venture capital firms Index Ventures, Susa Ventures, Global Founders Fund and Kleiner Perkins. It is yet to confirm any of the details in the Axios report.
