FISPAN, a Vancouver-based fintech company, has raised $30 million in a Series B funding round led by Canapi Ventures, a software-focused investment firm.
According to a news release, the funding will support the company’s mission to help large enterprises integrate banking services directly into their enterprise resource planning and accounting platforms. In doing so, FISPAN aims to simplify financial workflows and enhance access to key banking services.
“This Series B funding is a pivotal moment for FISPAN, empowering us to significantly scale our innovation and market reach. Canapi quickly distinguished themselves through their understanding of the embedded ERP banking landscape and our unique opportunity within it. With an LP network of over 75 financial institutions and partners with banktech operating expertise, Canapi is a natural partner for our next chapter,” Lisa Shields, FISPAN CEO and founder, said in a statement.
As part of the investment, Tom Davis of Canapi Ventures will join FISPAN’s board of directors.
