The startup,
founded in 2020, allowed users to check out instantly without entering
passwords or other account information.
“Sometimes
trailblazers don’t always make it all the way to the mountain top,” Domm Holland,
the San Francisco company’s co-founder and CEO, tweeted Tuesday
afternoon.
“After making
great strides on our mission of making, buying and selling frictionless for
everyone, we have made the difficult decision to close our doors,” Holland
added. “While you’ll no longer see the Fast button at checkout, we are incredibly
proud of the team we assembled and our work to democratize commerce.”
Fast raised
more than $100 million in early 2021 from a round Series B funding that included
investors such as Stripe, Addition, Index Ventures and Susa Ventures.
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