Griffin Raises $20M Series B to Add Cards and Stablecoin Services
Griffin raised $20M in Series B funding led by Octagon Partners, with participation from Notion Capital, A+ Ventures, Nordic Ninja, Breega and other existing investors. The round values the embedded banking provider at over $100m and will support its move into card issuing and stablecoin services.
- Raised
- $20M
- Round
- Series B
- Investors
- 5
- Investors
- Octagon PartnersNotion CapitalA+ VenturesNordic NinjaBreega
- Target market
- Fintechs and platforms building financial products
- Use of funds
- Supporting Griffin through to profitability and expanding its banking platform into card issuing and stablecoin services
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Quick Answers
What is the latest news about Griffin?
Griffin raised $20M in Series B funding led by Octagon Partners, with participation from Notion Capital, A+ Ventures, Nordic Ninja, Breega and other existing investors. The round values the embedded banking provider at over $100m and will support its move into card issuing and stablecoin services.
What does Griffin do?
Griffin is a London, UK-based bank and embedded banking platform serving fintechs and platforms. Its infrastructure provides core bank accounts, payments and compliance capabilities for businesses building financial products.
How much did Griffin raise?
Griffin raised $20M in its Series B.
Who invested in Griffin?
Investors named in this Series B include Octagon Partners, Notion Capital, A+ Ventures, Nordic Ninja and Breega.
How will Griffin use the funding?
Griffin plans to use the money for supporting Griffin through to profitability and expanding its banking platform into card issuing and stablecoin services.
Where is Griffin based?
Griffin is based in UK.
Who are the key people at Griffin?
Key people named in this report: David Jarvis (Founder & CEO) and Allen Rohner (Founder & CTO).