FISPAN, a FinTech company specialising in embedded ERP banking solutions, has announced the close of its $30m Series B funding round.
The round was led by Canapi Ventures, a prominent investor in FinTech and enterprise software, known for its network of over 75 financial institutions.
FISPAN offers technology that connects banks directly to mid-market companies by embedding financial services into enterprise resource planning (ERP) and accounting systems. This approach enables banks to deliver treasury products and services through a plug-in integrated within clients’ existing financial workflows.
The company plans to use the capital to scale its product development, extend its integration with platforms like Oracle NetSuite, Sage Intacct, and Microsoft Dynamics 365 Business Central, and deepen its use of AI. It also aims to expand market reach and enhance its talent pool to further improve customer experience and platform capabilities.
FISPAN is currently used by nearly 5,000 businesses and several major banks across North America. Its technology offers features such as centralised financial workflows, payment automation, and reduced manual errors—enabling banks to provide modern, contextual banking services directly within their customers’ operational systems.
Tom Davis of Canapi Ventures will join FISPAN’s board of directors as part of the investment.
FISPAN CEO and founder Lisa Shields said, “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. We’re excited to work with Canapi to help more treasury teams optimize their operations.”
Canapi Ventures general partner Tom Davis said, “FISPAN is at the forefront of a fundamental shift in how businesses interact with their banks. Their proven ability to deliver highly sought-after embedded finance solutions positions them for tremendous growth. Our investment reflects our confidence in their visionary team and their capacity to build a leading platform that drives efficiency and value for both financial institutions and their corporate clients.”
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