Griffin, a London, UK-based provider of a full-stack Banking as a Service platform, raised $13M in Series A funding.
The round was led by MassMutual Ventures, with participation from existing investors Seedcamp, Notion Capital and EQT Ventures.
The company intends to use the funds to conduct go-to-market activities and enhance its core banking infrastructure.
Co-founded by Allen Rohner and David Jarvis (CEO), Griffin provides a SaaS based Banking as a Service platform supported by a UK banking licence, which enables fintechs and innovative brands to embed finance, such as bank accounts (including interest bearing savings accounts), access to the UK’s payment rails, cards, an integrated ledger, and automated compliance technology.
The API-first bank has attracted early adopter customers such as embedded finance platform Liberis and notable partnerships with 11:FS and Cable.
FinSMEs
07/06/2023