Banking as a Service: Digital Bank Griffin Reports 5X Increase in Revenue, Over 50 Platforms

Griffin, a banking-as-a-service platform that focuses on Fintechs and platforms, says it had a banner year, experiencing 5X growth in revenue while processing over £3 billion in payments.

Griffin is a regulated bank in the UK that offers a full-stack, API driven platform for embedded finance.

David Jarvis, CEO and co-founder of Griffin, says that 2025 was the year they became a partner for fast-moving tech companies in the UK.

“We’ve proven you can build a bank that moves as fast as the fintechs it serves without compromising on compliance or resilience. The companies integrating with us aren’t just taking a bet on the future—they’re building on proven infrastructure that scales,” said Jarvis.

Griffin highlights several well-known clients, including Uber, Marqeta, Access Group, Aspora, and Sidekick.

Griffin launched operations in March 2024 with five companies initially testing its systems before going into full launch in September 2024.

Griffin states that its status as a regulated bank positions it well to expand services across Europe.

The company also notes that stablecoins are in the works, expecting to launch in 2026.

Griffin has raised approximately $67.4 million in total funding to date across eight rounds with the last round a $1.39 million Series A round on November 21, 2024. At that time, its valuation was pegged at around £91.8 million.



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