Fintech startup Canopy Servicing recently announced a $15M Series A fundraising round led by Canaan with other participants Homebrew, Foundation, and BoxGroup. Previously in 2020, the company raised $3.5M in a seed round, and since then, their valuation grew 5x. Canopy is a technology company built for modern servicing infrastructure for scaling fintech through a plug-and-play system for companies looking to launch lending products.
Source: Canopy raises $15M Series A after posting 4.5x customer growth in H1 2021