Griffin Raises $20M Series B at $100M Valuation

Griffin, a London-based bank that provides banking infrastructure for fintechs and platforms to embed accounts and payments, has secured $20M in Series B funding. This latest injection of capital brings the company to a valuation of over $100M.

Investors

The funding round was led by Octagon Partners. Additional participating investors include Notion Capital, A+ Ventures, Nordic Ninja, and Breega.

Griffin Use of Funds

Griffin plans to utilize the capital to expand its embedded finance stack, specifically focusing on the development of card issuing services and stablecoin capabilities. The company will also use the funds to reach profitability.

About Griffin

Founded in 2017 by David Jarvis and Allen Rohner, Griffin is a UK-based bank designed specifically to serve business and fintech customers. The company provides infrastructure that allows other businesses to embed accounts, payments, and compliance tooling into their own products, currently serving over 80 enterprise customers.

Funding Details

Company Website: https://griffin.com

Company: Griffin
Raised: $20M
Round: Series B
Funding Date: November 2026
Lead Investor: Octagon Partners
Additional Investors: Notion Capital, A+ Ventures, Nordic Ninja, Breega
Software Category: Fintech
Source: https://thenextweb.com/news/griffin-bank-20m-series-b-cards-stablecoins