Fastino Secures $7 Million in Pre-Seed Funding for Revolutionary Mobile POS Solution

Fastino is excited to announce that we have successfully raised $7 million in funding to advance our groundbreaking payment solutions. Since our inception in 2012, we have dedicated ourselves to developing an acceptance network for payment cards, revolutionizing point-of-sale transactions. Our innovative product transforms any mobile phone into a fully functional POS terminal simply by plugging in a specialized device into the audio jack. This simple, yet powerful solution has already gained momentum in markets such as Russia and Ukraine, where users appreciate the convenience and efficiency it offers. Our next step is to further enhance our chip-and-PIN mPOS systems, which allow for seamless contact and contactless payments. Our compact devices—no larger than a mobile phone—are designed with the everyday user in mind; from taxi drivers to insurance agents and pizza couriers, anyone can easily carry it in their pocket. The funds raised will enable us to scale our operations, refine our technology, and expand our team as we continue to redefine the payment landscape. We are actively seeking passionate individuals to join our team in both business and technical roles, from analysts to programmers, so if you are interested in being part of a dynamic and innovative environment, we would love to hear from you. With this new influx of capital, Fastino is poised for significant growth, and we are thrilled to take the next steps towards making payment acceptance more accessible for everyone.