Overview of Transaction

• On November 20, 2014, FastPay closed a $15mm growth financing with Oak HC/FT
• FastPay is the market-leading provider of liquidity and financial workflow solutions to the global digital media industry and has originated and funded nearly $500mm since inception
• The Company, headquartered in Los Angeles with offices in New York, was founded in 2009 and has experienced tremendous growth over the last several years
• The investment is from Oak HC/FT, a new $500mm sector-specific fund focusing on Healthcare Information & Services ("HC") and Financial Services Technology ("FT"), growing out of a series of Oak Investment Partners' multi-sector venture capital funds
• Oak Investment Partners is a leading venture capital and growth equity firm that focuses on high-growth opportunities

Significance of Transaction

• The transaction demonstrates the increasing importance of invoice financing and payable automation in the global media industry
• The additional investment capital allows the Company to pursue additional growth opportunities by leveraging Oak’s strategic relationships and expertise in technology and lending / workflow businesses

FT Partners' Role

• FT Partners served as exclusive strategic and financial advisor to FastPay and its Board of Directors
• Transaction demonstrates FT Partners' continued strength in the Payments and Banking Technology sector, with a growing focus on alternative lending platforms