FastSpring

FastSpring

E-commerce platform for digital product sales

About FastSpring

Simplify's Rating
Why FastSpring is rated
B-
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Enterprise Software

Cybersecurity

Financial Services

Company Size

51-200

Company Stage

Growth Equity (Venture Capital)

Total Funding

N/A

Headquarters

Santa Barbara, California

Founded

2005

Overview

FastSpring provides an e-commerce platform tailored for software and digital product companies to manage their online sales. It serves businesses selling software, SaaS subscriptions, eBooks, and video games by offering a full-service solution that simplifies the complexities of digital sales. FastSpring's platform includes features such as global online payments, subscription management, branded checkout experiences, and global tax management, supporting various payment methods, currencies, and languages to help businesses reach a worldwide audience. The company also emphasizes risk management with services like fraud protection and data security to ensure safe transactions. FastSpring generates revenue through transaction and subscription fees, offering customizable solutions that help businesses increase revenue and streamline operations. The goal of FastSpring is to be a comprehensive resource for businesses looking to efficiently sell software and digital products online.

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Simplify's Take

What believers are saying

  • Integration of Pix payments expands FastSpring's reach in the Brazilian market.
  • New features like 1ClickPay and Offers API boost subscription revenue and customer retention.
  • Partnerships with companies like EBANX enhance localized payment solutions in Latin America.

What critics are saying

  • Increased competition from platforms like Shopify and Stripe could impact FastSpring's market share.
  • Rapid adoption of cryptocurrencies may challenge FastSpring if not integrated quickly.
  • Rising regulatory scrutiny on data privacy could increase compliance costs for FastSpring.

What makes FastSpring unique

  • FastSpring offers comprehensive global tax management and fraud protection services.
  • The platform supports multiple payment methods, currencies, and languages for global reach.
  • FastSpring provides customizable branded checkout experiences for software and digital product companies.

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Benefits

Remote Work Options

Performance Bonus

Company News

Pocket Gamer
Jul 12th, 2024
Fastspring Joins Pocket Gamer Connects Helsinki As Exclusive Diamond Sponsor

We’re delighted to announce that FastSpring has joined Pocket Gamer Connects Helsinki (October 1st and 2nd) as the exclusive Diamond Sponsor for the event.FastSpring helps game studios sell in more places around the world. For nearly two decades, FastSpring has been a payment provider you can use to sell games or in-game items on your website, web shop, or embedded directly into your game with fully customisable and branded checkouts just for you.FastSpring allows you to offload the complexity of global payments, sales tax and VAT compliance, player payments support, and many other aspects of payments management. This means developers can spend less time managing your payments and compliance, and spend more time making great games.“FastSpring is proud to support the games industry and community by sponsoring Pocket Gamer Connects Helsinki,” said FastSpring CMO David Vogelpohl.“We’re looking forward to spending time with our customers and friends from Finland and across Europe, as well as making new friends who may need a hand with direct-to-consumer monetisation from FastSpring. Either way, we can’t wait for PGC Helsinki. Nähdään siellä!”Road to HelsinkiPocket Gamer Connects Helsinki returns once again on October 1st and 2nd, 2024, and is set to be filled with two days of insightful talks and great opportunities for networking. This year, which marks the event’s 10th anniversary, will also see the Big Screen Gaming Summit take place at the show, with an agenda focusing on platforms including PC and console.Head to the PGC Helsinki website for further details on the show

PYMNTS
Apr 25th, 2024
Ebanx Teams With Brazil’S Fastspring To Expand Pix Usage

FastSpring and EBANX have teamed to expand the usage of the Pix payment in Brazil. FastSpring, based in Brazil, powers payments for global Software-as-a-Service and software companies. EBANX is a tech company focusing on payments for rising markets. “This partnership with EBANX allows FastSpring to leverage local payments, starting with the largest Latin American market, by delivering one of the country’s preferred payment methods,” Dan Garcia, FastSpring’s senior director of payments, risk and compliance, said in a Thursday (April 25) news release

Finextra
Apr 25th, 2024
FastSpring adopts Pix for SaaS payments with Ebanx

"By integrating Pix payments into FastSpring's platform, we are facilitating access to a key payment method in the Brazilian market, ultimately enabling businesses to expand their reach and drive growth."

FF News
Apr 25th, 2024
Fastspring And Ebanx Forge Partnership To Expand Pix Payments

The leading merchant of record for global SaaS and software companies, FastSpring and EBANX, a global technology company specializing in payments for rising markets, announce today a partnership to enhance users’ payment experience within FastSpring’s product suite in Latin America through local payment method Pix.Pix, Brazil’s instant payment system introduced by the Central Bank of Brazil in 2020, has rapidly gained popularity among consumers as a preferred digital payment method. According to market data from EBANX’s annual study, Beyond Borders, Pix is projected to account for 40% of the total value of digital commerce in Brazil by 2026, tied with credit cards in market share. Furthermore, Pix is expected to comprise 20% of digital commerce transactions within Latin America by the same year.As part of this partnership, FastSpring’s platform will integrate EBANX’s Pix payment processing capabilities, enabling global SaaS, software, video game, and digital product companies to offer Pix payments to Brazilian customers seamlessly. This partnership also allows Brazilian digital products companies to utilize FastSpring’s platform to power their global expansion while seamlessly maintaining Pix payments for their consumers at home. This integration marks FastSpring’s debut in accepting Pix payments and reinforces its commitment to providing localized payment solutions to its clients in the Latin American market.“This partnership with EBANX allows FastSpring to leverage local payments, starting with the largest Latin American market, by delivering one of the country’s preferred payment methods,” stated Dan Garcia, Sr. Director of Payments, Risk, and Compliance at FastSpring

Yahoo Finance
Apr 25th, 2024
FastSpring and EBANX Forge Partnership to Expand Pix Payments for Digital Products in Brazil

As part of this partnership, FastSpring's platform will integrate EBANX's Pix payment processing capabilities, enabling global SaaS, software, video game, and digital product companies to offer Pix payments to Brazilian customers seamlessly.

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