Banking-as-a-Service provider Griffin Raises £6.5M in Funding

Griffin, a London, UK-based Banking-as-a-Service provider, raised £6.5m in funding. 

The round was led by EQT Ventures with participation from Seedcamp, Tribe Capital, Paul Forster (co-founder Indeed.com), Matt Robinson (co-founder Go-Cardless/Nested), and Carlos Gonzalez-Cadenas (COO GoCardless). 

The company will use the funds to further product development, hire more people and continue the bank authorisation process with the PRA and FCA.

Read more: FinSMEs