What does Fispan do?
Fispan is a fintech company specializing in embedded ERP banking solutions that integrate banks with clients’ enterprise resource planning and accounting systems. By embedding banking services directly into ERP software, the company helps businesses reduce costs, minimize manual errors, and enhance operational efficiency.
How much did they raise?
The company raised $30M in a Series B round, with the investment led by Canapi Ventures. As part of the round, Tom Davis from Canapi Ventures will join Fispan’s board, emphasizing investor confidence in the firm's innovative approach.
What are their plans for the money?
Fispan plans to use the new funding to further develop its integrated banking platform and expand its market presence, potentially transforming the way banks and businesses interact by enhancing efficiency and reducing the complexities of traditional banking services.
What have they achieved so far?
Fispan's solutions are already in use by banks and nearly 5,000 businesses across North America, demonstrating significant early adoption and success in streamlining financial operations.
