Canopy Servicing, a Claymont, De.-based loan servicing startup, raised $15.2m in Series A1 funding at a $35 million pre-money valuation.
The round was led by Foundation Capital and Infinity Ventures.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Matt Bivons, Canopy Servicing provides a platform to manage and service debit, credit, and lending products. The API-first platform enables personalized and safer credit and lending products, such as Buy Now Pay Later and modern payment cards.
FinSMEs
13/10/2023