Before hitting roadblocks in 2019, Fast, the much-hyped one-click checkout startup, had a unicorn status of over $1 billion and an investment worth $120 million from payments giants Stripe, Index Ventures, and Lee Fixel’s Addition.
In January 2020, CEO Domm Holland announced the growth of Fast by 650%, and even confirmed the ‘incredible demand to invest in Fast.’ However, not even three months later, those plans had evaporated. Contrary to his pompous statements, investors refused to give additional investment in the latest funding round.