FISPAN Services Inc.

Based in Canada, FISPAN Services Inc. is a financial technology company specializing in embedded banking solutions that integrate with enterprise resource planning (ERP) systems, enhancing the efficiency of financial operations. FISPAN Services Inc. was founded in 2016 in Vancouver, Canada, offering innovative solutions for financial transactions.

The company was co-founded by Andrea Zand, Clayton Weir, and Lisa Shields, with Clayton Weir and Lisa Shields currently serving as CEOs. FISPAN has successfully completed 4 deals, with the most recent funding round occurring on June 3, 2025. In this Series B round, the company raised USD 30. 00 mn led by Canapi Ventures, with participation from Rhino Ventures.

This funding represents the total amount raised by the company to date. FISPAN specializes in providing embedded banking solutions that integrate seamlessly with enterprise resource planning (ERP) and accounting software. Their core offerings include a suite of products aimed at automating and streamlining accounts payable processes, vendor payments, employee reimbursements, and cash management. By partnering with financial institutions, FISPAN enables businesses to manage their banking services directly within their existing financial systems, eliminating manual processes that can lead to errors.

This approach specifically addresses the needs of mid-sized to large organizations across North America, allowing users to initiate payments, manage expenses, and reconcile transactions without leaving their accounting platform. FISPAN generates revenue through its subscription-based model, where clients pay for access to its suite of financial integration products. Businesses looking to enhance their accounts payable processes engage with FISPAN by subscribing to specific services tailored to their operational needs. The automated banking solutions provided facilitate vendor payments and cash management through integrated software platforms, translating to cost savings and improved financial oversight for clients.

In June 2025, FISPAN Services Inc. raised USD 30. 00 mn in Series B funding, led by Canapi Ventures, with participation from Rhino Ventures. The company plans to utilize this funding to accelerate product development, expand into new markets, and hire additional team members.

Specific target markets for expansion have not yet been announced, but the focus will be on enhancing their product offerings and increasing their client base.