FISPAN Raises $30 Million in Series B

by Kay Aloha Villamor in July 7th, 2025

FISPAN, a Vancouver, BC-based provider of embedded ERP banking solutions, has raised $30 million in Series B funding. 

Investors 

The round was led by Canapi Ventures, with participation from its network of over 75 financial institutions. 

Canapi is a multi-stage venture capital firm investing in fintech and enterprise software. Backed by the Canapi Alliance—a network of more than 70 leading financial institutions across the United States—Canapi brings unmatched sector experience, deep expertise, strong connections, and credibility to founders. 

FISPAN Use of Funds 

The company will use the funds to enhance its product capabilities, grow its market presence, and expand its team. 

About FISPAN 

FISPAN is a fintech company that seamlessly integrates banks with their clients' enterprise resource planning (ERP) and accounting systems. Founded in 2016, FISPAN delivers innovative ERP banking solutions that eliminate the complexities and frustrations of traditional banking. 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 Details 

Company: FISPAN 

Raised: $30.0M 

Round: Series B 

Funding Date: June 2025 

Lead Investor: Canapi Ventures 

Additional Investors:  

Company Website: https://fispan.com/  

Software Category: Embedded ERP Banking / Fintech / B2B SaaS 

Source: https://www.prnewswire.com/news-releases/fispan-raises-30m-series-b-to-accelerate-embedded-banking-innovation-for-mid-market-businesses-302471315.html

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