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Canopy

API-first loan management and servicing platform

Canopy logo
21-100 employees
  • Fintech
  • B2B
  • Lending
  • Financial Services
  • SaaS
  • API
Claymont, DE

Company mission

Canopy's mission is to help build and launch better debit, credit, and lending products, to make financial products should more personal, transparent, and safe.

Our take

Canopy was founded on the belief that while most fintech startups focus on things like financial transfers, checking and savings accounts, they also wish to break into the much more lucrative credit and lending markets.

However, they face too many barriers when it comes to loan servicing. To answer this problem, the company offers an API-driven loan servicing platform which allows them to build, launch, and manage loans.

There’s been an explosion in the API-first startup landscape of late, largely driven by how they vastly reduce product launch times. Indeed, plenty in the industry – including Canopy CEO Matt Bivons – believe that soon they will overtake end-to-end tech stacks.

It’s too early to say if they’re right or wrong, but the fact that Canopy is offering an in-demand product in a huge credit and lending market bodes well.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle

Benefits

  • Home office set-up package
  • Fully remote company
  • Parental Leave Policy
  • Yearly team offsite somewhere fun
  • Donation (give-back) budget
  • 401k matching
  • Space and support to grow
  • Comp package in the 90th percentile of startups our size
  • Flexible Vacation
  • Monthly stipend for mental/physical wellness
  • Excellent health, vision, and dental package

Company values

  • Always learning – We can all do better. We strive to improve without getting defensive. As we grow, we “give away our legos” and empower teammates with ownership and responsibility.
  • Scientific – The important thing is to begin, get feedback, and iterate. We define a problem, hypothesize a cause or solution, and conduct experiments to test each hypothesis.
  • Empathetic – We think about how the actions we take affect our clients and their customers. We check in on teammates and make room for different or contrasting viewpoints.
  • Open, transparent & kind – We hold that it is better to be awkward and honest about our mistakes, and to give and receive empathy, rather than taking another course. We strive to be open, even redundant.
  • Celebratory – Creativity is our fuel. One of the biggest ways we replenish it is by finding and celebrating things that are working well that otherwise might not have been noticed.
  • Disciplined – We start each day/week/quarter/year with an intention. We follow through and follow up and invest in ourselves. We keep commitments.

Funding (last 2 of 3 rounds)

Oct 2023

$15.2m

SERIES A

Aug 2021

$15m

SERIES A

Total funding: $33.7m

This company has top investors

Leadership

Former VP of Growth & GM of Consumer at GreenSky (a Goldman Sachs Company), Head of Growth at fintech startup Earnest, and Director of Growth at vacation rental marketplace VaycayHero.

Co-founded and was CTO of home services messaging app Hatch. Former CTO of fintech platform Intuit, Director Of Engineering at LendUp, and Software Engineer at Capital One.