They're also based in [edit: I thought Protonmail was Russian based, but they're not]. I think that's probably worse from a country level.
Encrypted email is a bad way to do private communication - services that pretend otherwise set off alarms for me.
The main advantage of Fastmail vs. Google is that it's a separate service focused on providing you a good experience with custom domain support. The business model is not ad driven so incentives are more aligned and it lets you leave Google services.
The privacy people's faith in proton is misplaced (imo).