UK Embedded Banking Platform Griffin Completes $20 Million Series B Round

TechFlow reported on November 12 that, according to an official announcement by Griffin, UK embedded banking platform Griffin has completed a $20 million Series B funding round led by Octagon Partners, bringing its post-money valuation to over $100 million. Existing investors including Notion Capital, A+ Ventures, Nordic Ninja, and Breega participated.

Griffin said the funds will be used to expand card issuance and stablecoin services, including developing stablecoin reserve-related capabilities and integrating on-chain cross-border payments. Its banking infrastructure currently serves more than 80 businesses and processes nearly 10 million payments annually.

Source: TechFlow