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FISPAN raises $30M in Series B funding led by Canapi Ventures to boost its embedded banking solutions for mid-market businesses.

Jun 03, 2025•about 1 month ago

Amount Raised

$30 Million

Round Type

series b

VancouverFintechFinancial ServicesSoftware

Investors

Canapi Ventures

Description

FISPAN announced today that it has closed $30 million USD in Series B funding led by Canapi Ventures. This capital will accelerate FISPAN's mission of integrating banking services into businesses' ERP systems. Trusted by major banks and thousands of businesses, FISPAN streamlines financial workflows. The funding will enhance their existing solutions and reach more mid-market clients.

Company Information

Company

FISPAN

Location

Vancouver, British Columbia, Canada

About

FISPAN is a leading fintech company that seamlessly integrates banks with their clients' enterprise resource planning (ERP) and accounting systems. Founded in 2016, FISPAN provides innovative ERP banking solutions that eliminate the complexities and frustrations of traditional banking services. By embedding banking services directly into ERP and accounting software, FISPAN streamlines financial workflows, reduces costs, minimizes manual errors, and enhances efficiency for businesses of all sizes.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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