Vancouver-based FISPAN has announced a $41 million Series B round led by Canapi Ventures, positioning the fintech for significant growth as it brings embedded banking to ERP systems across North America.
Founded in 2016, FISPAN enables banks to deliver integrated financial services directly within businesses’ accounting software, eliminating inefficiencies, manual data entry, and fragmented workflows. The company is already used by the world’s largest banks and nearly 5,000 businesses.
“FISPAN was founded to make banking simpler for businesses by meeting them where they work—inside their ERP,” said Vancouver-based CEO and Founder Lisa Shields. “This new investment enables us to deepen our product and expand our market reach from our home base here in Canada.”
The company’s software integrates with major platforms like NetSuite and Microsoft Dynamics, allowing banks to streamline everything from payments to reconciliation for their clients.
Tom Davis of Canapi Ventures joins FISPAN’s board as the company invests in AI capabilities, new ERP integrations, and talent acquisition. With strong investor backing and global traction, FISPAN is set to further grow its Vancouver team and footprint.
Leave a Reply