Vancouver’s FISPAN has secured $41 million in Series B funding to expand its embedded ERP banking platform, with the round led by fintech-focused investment firm Canapi Ventures.
The company, trusted by the world’s largest banks and nearly 5,000 businesses across North America, offers an out-of-the-box integration that embeds banking services directly into enterprise resource planning (ERP) and accounting systems.
This enables banks to distribute treasury products to mid-market and smaller businesses—streamlining workflows, automating payment processes, and minimizing manual data errors.
FISPAN’s platform integrates seamlessly with systems such as Oracle NetSuite, Sage Intacct, and Microsoft Dynamics 365 Business Central, enhancing capabilities like payables, cash management, and reconciliation.
“This Series B funding is a pivotal moment for FISPAN,” said CEO and Founder Lisa Shields. “Canapi’s understanding of the embedded ERP banking landscape and their deep network of financial institutions make them an ideal partner for our next chapter.”
Tom Davis, General Partner at Canapi Ventures, will join FISPAN’s board. The funding will support AI-powered product development, expanded ERP integrations, broader market reach, and strategic talent acquisition.
“FISPAN is at the forefront of a fundamental shift in how businesses interact with their banks,” said Davis. “We’re confident in their ability to deliver scalable embedded finance solutions.”
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