Canopy logo — Build better B2B lending products.

Canopy

Build better B2B lending products.

Founded 2019 United States Claymont, United States 30 employees Series A Total: $30.20M Financial Services, Fintech

General Information

Company Name Canopy
Founded Year 2019
Location United States Claymont, United States +1
Founders / Decision Makers
Team member
Employees 30
Industries Financial Services, Fintech
Funding Stage Series A
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About Canopy

Canopy, established in 2019 and headquartered in the United States, is pioneering the next generation of B2B lending solutions under the slogan, "Build better B2B lending products." The company operates within the Financial Services and Fintech industries, providing a robust loan management and servicing platform that empowers both fintechs and enterprises.

Their platform boasts an API-first approach, facilitating rapid deployment for clients aiming to embed financial products quickly and efficiently. Canopy sets itself apart with its ability to support a diverse array of loan types through a configurable, event-driven lending core. This infrastructure is designed for scalability and speed, catering to lenders striving for innovation and customer-centric experiences.

In their latest financial milestone, Canopy secured a $15.20M Series A investment on October 10, 2023. This funding round was led by Foundation Capital and Infinity Ventures, highlighting confidence in Canopy's growth trajectory and its potential to disrupt the B2B lending space.

Taxonomy: B2B lending, loan management platform, financial product embedding, fintech solutions, API-first platform, loan servicing, event-driven lending, customer-centric experiences, automations in lending, personalized lending solutions, next-gen credit products, debit and lending products, secure and compliant lending, repayment optimization, net promoter score improvement

Services & Products

Flexible Loan Management
Automated Communication
Custom Workflow Design
Lifecycle Loan Simulation
Integration with Payment and Credit Systems

Target Customers

Commercial Lenders Fintech Companies Digital Banks Developers Credit Reporting Firms

Funding Rounds & Investors (3)

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Funding Stage Amount Investors Lead Investors Date
Series A •••••• 2
Investor Investor
10 Oct 2023
Series A •••••• 4
Investor Investor Investor Investor
09 Aug 2021
Seed Round •••••• 2
Investor Investor
01 Jan 2020

Canopy Alternatives & Competitors

View All Alternatives
Canopy vs
LendFoundry
LendFoundry United States

Full stack technology platform for lenders to run lending products digitally

76 employees
Fintech, Information Technology
Canopy vs
LendingWise
LendingWise United States

Broker Better. Lend Smarter

13 employees
Canopy vs

RBI licensed NBFC-P2P in India pioneering short-term P2P lending

Seed
19 employees
Finance, Financial Services

FAQ About Canopy

Build better B2B lending products.
Canopy was founded in 2019.
Canopy is headquartered in Claymont, United States.
Canopy operates in the following industries: Financial Services, Fintech.
Canopy has approximately 30 employees.
Canopy has completed 3 funding rounds, raising a total of $30.20M. The latest funding stage is Series A.
Canopy offers: Flexible Loan Management, Automated Communication, Custom Workflow Design, Lifecycle Loan Simulation, Integration with Payment and Credit Systems.
Top alternatives and competitors to Canopy include LendFoundry, LendingWise, Cashkumar - Borrow Quick. Lend Smart., TIMVERO, Trade Ledger™. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Canopy and LendFoundry are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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