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Vancouver-based FinTech Company FI.SPAN Closes $4 Million Venture Financing Round Led by BDC Capital
Monday, December 17, 2018Company Profile | Follow Company
Vancouver, BC, December 17, 2018--(T-Net)--A number of online sources are reporting that Vancouver-based FinTech company FI.SPAN Services Inc. has closed a new $4 million venture funding round, led by BDC Capital Corporation, with participation by VFF, Panache Ventures, and FINTOP Capital.
FI.SPAN is a turn-key FinTech partnership solution for Banks and offers a new way for banks to serve their commercial clients.
FI.SPAN's API management platform allows banks to quickly deploy new business banking products. They curate (and pre-integrate) 3rd party FinTech solutions, which banks can use alone or in concert with their internal capabilities.
FI.SPAN's platform automatically creates RESTful API endpoints, so banks can expose products and services to new channels. They also power connectivity to accounting and ERP platforms, creating a new banking channel for business customers.
FI.SPAN was founded by Lisa Shields, who previously founded well known tech company HyperWallet Systems which sold earlier this year to PayPal for $400 million US (one of the largest tech acquisitions in recent Vancouver history).
The Globe and Mail is reporting that FI.SPAN has already built partnerships with four of the top 20 U.S. commercial banks, including JPMorgan Chase - the biggest of them all. See the Globe and Mail's full report here.
About FI.SPAN
We use APIs to create the business banking experiences of the future.
FI.SPAN began in 2016 with a mission of improving the lives of business owners and finance departments everywhere. We believe that means making the best financial services available and consumable in the easiest possible ways. We are now a team of 14 committed professionals in Vancouver, BC. Everyday, we work with our bank partners to solve the difficult problems that arise with ERP integration, API development and launching FinTech partners.
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