Griffin is a London, UK-based API-first bank and full-stack Banking-as-a-Service (BaaS) platform serving technology-driven firms. The company enables customers to offer banking, payments, and wealth solutions via APIs. Its platform includes automated compliance technology and an integrated ledger to help customers streamline financial operations. Griffin plans to use the new funding to scale the bank and enhance infrastructure for new and existing customers. The company has received approval from the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) to lift restrictions. Griffin was founded by David Jarvis and Allen Rohner. Griffin is an API-first UK bank and full-stack Banking-as-a-Service (BaaS) platform that offers developer-friendly banking services to fintechs and brands. Founded in 2017 by David Jarvis and Allen Rohner and operating as Griffin Bank Ltd., the company holds a UK banking license authorized with restrictions and is regulated by the PRA and FCA. The platform enables companies to embed finance into their products and services and has attracted early adopter customers such as Liberis, with partnerships including 11:FS and Cable. In June 2023 Griffin raised $13.5M in a Series A led by MassMutual Ventures, funds it says will support commercial activities, product development, and the "mobilization" process toward full regulatory authorization. CEO David Jarvis said the funding validates the company's mission and will help deliver its banking solutions to more customers. Griffin aims to strengthen its market position as a preferred embedded finance bank and continue developing its embedded finance platform for customers and partners. Griffin is an API-first Banking-as-a-Service provider building an operating system for embedded finance that simplifies banking infrastructure and compliance. The platform aims to enable companies and global brands to bring new financial products to market quickly with self-service software. The company is developing an all-in-one solution designed for scalability and security to reduce cost and time-to-market. Griffin plans to use the funding to build its API-first banking platform and expand its product capabilities. The firm is led by experienced founder-engineers and banking and technology experts and recently added Notion Capital co-founder Stephen Chandler to its board. Griffin has submitted applications to the PRA and FCA to become an authorized bank. Griffin is building an API-first bank designed to lower the barrier to entry for launching new financial products and services for fintechs and established brands. Founded in 2017 by David Jarvis (CEO) and Allen Rohner (CTO), the company is based in London, UK. Griffin is pursuing bank authorisation with the PRA and FCA. The company plans to use new capital to further product development and hire additional staff. Griffin was discovered by EQT Ventures’ AI platform Motherbrain, which has driven more than $100 million in portfolio investments and sourced Griffin as its ninth company.

Total raised

$62M

Funding rounds

4

Latest round

Series A

Latest activity

Mar 2024