The Retail Wrap-Up
Retail is constantly moving and adapting as consumer behaviour changes. The Retail Wrap-Up Podcast is dedicated to just this. Join us as we interview some of the world's best retailers to understand how they are succeeding and then draw insights into the changing world of retail. RetailOasis is Australia's leading consumer facing retail consultancy, and a registered B-Corporation. Our mission is to co-create the future of sustainable retail, whilst using business to positively impact the environment and society. We aim to inspire every retailer to do better and be better.
The Retail Wrap-Up
Ep. 51 - Domm Holland, Co-Founder and CEO at Fast
In today’s episode we talk to Domm Holland, the Co-Founder and CEO of Fast.
The Aussie founded checkout start-up, Fast, allows e-commerce businesses to offer an Amazon-style one-click checkout to their customers. They have simplified the checkout process which allows customers to purchase from stores without repeatedly entering their personal details. By speeding up the checkout process, both the consumer and the business benefit.
Since its creation in 2019, Domm has grown his team from 2 people to 235. And even during a pandemic he has raised over $124 million via 3 rounds of funding. Fast is clearly undergoing an accelerated period of growth, which Domm puts down to the increasing universal need for a simple and secure product, that’s easy for all consumers to use and merchants to adopt.
During our conversation with Domm, we discuss:
- His motivation for creating Fast and how this business has evolved since its inception in 2019;
- How the technology works for both the merchant and the customer;
- Domm’s previous business endeavours and how this experience has helped shape the success of Fast;
- How the partnership between Afterpay’s Nick Molnar and Fast came about;
- What makes Fast different from other fin-tech offerings already in the market;
- The rapid growth Fast is going through and how Domm has dealt with the ‘growing pains’;
- The fundraising process Fast has been through and what their plans are for using the funds;
- Domm’s advice for fin-tech start-ups;
- And, finally, what the future holds for Fast.
For more information on Fast and our guest today, please see the show notes for this episode.
A huge thank you to Domm for joining us. We hope you enjoy this conversation!
- SELECTED LINKS FROM THE EPISODE -
Fast
Domm Holland (LinkedIn)
Fast (LinkedIn)
Fast (Instagram)
Fast (Twitter)