FISPAN Secures $30M Series B to Boost Embedded Banking Solutions

FISPAN Secures $30M Series B to Boost Embedded Banking Solutions

FISPAN has raised $30 million in Series B funding led by Canapi Ventures to enhance its embedded ERP banking solutions for mid-market businesses.

FISPAN has raised $30 million in Series B funding, led by Canapi Ventures, announced in a press release. This funding aims to accelerate FISPAN's growth in providing embedded ERP banking solutions for mid-market businesses.

FISPAN's platform integrates banking services directly into enterprise resource planning (ERP) systems and accounting software, allowing banks to offer modern, integrated client experiences. The company is trusted by major banks and nearly 5,000 businesses across North America.

The new capital will be used to deepen AI capabilities, expand ERP and accounting system integrations, and enhance platform capabilities to support full-stack treasury solutions. Additionally, FISPAN plans to scale its market reach and grow its banking and channel partner networks.

Tom Davis from Canapi Ventures will join FISPAN's board of directors, further supporting the company's strategic growth initiatives.

We hope you enjoyed this article.

Consider subscribing to one of several newsletters we publish like AI Funding Brief.

Also, consider following us on social media:

AI Funding News
AI Brief (X)

More from: Funding

More from: Finance

Subscribe to Finance AI Weekly

Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets

AI Token Webinar

Whitepaper

Stanford HAI’s 2025 AI Index Reveals Record Growth in AI Capabilities, Investment, and Regulation

The 2025 AI Index by Stanford HAI provides a comprehensive overview of the global state of artificial intelligence, highlighting significant advancements in AI capabilities, investment, and regulation. The report details improvements in AI performance, increased adoption in various sectors, and the growing global optimism towards AI, despite ongoing challenges in reasoning and trust. It serves as a critical resource for policymakers, researchers, and industry leaders to understand AI's rapid evolution and its implications.

Read more

You May Also Like