London based banking-as-a-service provider raised £6.5m in Series A funding led by EQT Ventures.
“Every company needs a banking partner, a ledger, and the necessary compliance infrastructure to launch a financial services product,” says David Jarvis, co-founder and CEO at Griffin. “These systems all need to be kept in sync with each other, which is why it’s crazy that everyone ends up stitching together ad-hoc solutions rather than leveraging a single vertically integrated solution. With Griffin, we want to be the one-stop shop for companies seeking to bring something new to market."
https://www.finextra.com/newsarticle/36947/banking-as-a-service-startup-griffin-raises-65m