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'Banking as a Service' startup Griffin raises $24M as it attains full banking license

Founded by former Silicon Valley engineers, UK-based Griffin Bank, an API-driven banking-as-a-service platform just obtained a banking license, roughly one year after starting the application process. This means it has been given the green light from the UK’s financial services regulators, the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA), to exit ‘mobilization’ and launch as a fully operational bank. The move stands in marked contrast to Revolut, the UK’s most valuable fintech, which, despite repeatedly stating its intentions over a span of three years, has yet to secure a banking license. ....

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Griffin Raises $24M in Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time! ....

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Griffin Raises $13.5M in Series A Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time! ....

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Griffin Boosts Executive Bench With New Chief People Officer

Griffin Boosts Executive Bench With New Chief People Officer
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