Griffin Secures $13.5 Million in Series A Funding to Revolutionize Banking Infrastructure
June 9, 2023
London, United Kingdom - Griffin, the pioneering banking platform enabling the seamless integration of financial services into applications, announced today the successful completion of its Series A funding round, raising an impressive $13.5 million. The funding round was led by prominent investors including Seedcamp, Notion Capital, EQT Ventures, and MassMutual Ventures.
Griffin, founded by Silicon Valley veteran David Jarvis, is transforming the way financial products are built and launched. With its secure and regulated banking infrastructure, the company offers a simplified, rapid, and cost-effective solution for businesses looking to embed financial services directly into their applications.
Griffin's authorization (with restrictions) by the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) showcases the company's commitment to regulatory compliance and establishes its credibility as a trusted financial service provider. This achievement has been made possible through strategic partnerships and the unwavering support of esteemed investors, including EQT Ventures, Tribe Capital, Notion Capital, and Seedcamp.
"We are thrilled to have secured this significant investment, which validates the strength and potential of our platform," said David Jarvis, the Founder of Griffin. "This funding will empower us to deliver an even more robust solution and continue revolutionizing the way businesses leverage banking infrastructure. With the backing of our esteemed investors, we are well-positioned to make a lasting impact in the fintech landscape."