Griffin Expands Operations with £18.7 Million Funding Round

Griffin, a full-stack BaaS platform based in London, has secured £18.7 million in funding to expand its operations following the issuance of a banking license. The company's successful mobilization phase, backed by a fundraising round led by NordicNinja, Breega, and MassMutual Ventures, has allowed it to obtain approval from the UK's financial services regulators.

The company is dedicated to sustainability and ethical business practices and has made substantial investments in strong financial control systems and governance. Griffin's focus on sustainability has impressed investors such as NordicNinja and Breega. The team is now prepared for rapid expansion and will accept new clients through its early access program, Foundations.

Griffin's CEO, David Jarvis, expressed gratitude to investors and pilot clients, highlighting the team's dedication and hard work. With its integrated ledger and automated compliance technologies, Griffin offers tech-driven businesses a full-stack platform for banking, payment, and wealth solutions, positioning itself as a partner of choice for fintechs and brands in the UK.

Griffin's commitment to creating a significant and long-lasting company, along with its dedication to sustainable business practices, has attracted investors such as MassMutual Ventures and NordicNinja. The company's unique approach to helping its customers and minimizing its environmental impact sets it apart in the financial services industry.