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TNW | Investors-funding

Griffin raises $20M to add cards and stablecoins to its banking platform

Octagon Partners leads the Series B, which values the licensed UK bank at over $100M two years after it exited mobilisation.

By TNW | Investors-funding

Excerpt shared by Lazyfounder

·Excerpt
Griffin raises $20M to add cards and stablecoins to its banking platform
Image: Griffin’s team Credit: Griffin

Griffin, the UK bank that lets fintechs and platforms embed accounts and payments into their own products, has raised a $20M Series B led by Octagon Partners.

The round values the London-based company at over $100M and will fund its expansion into card issuing and stablecoin services.

Notion Capital, A+ Ventures, Nordic Ninja, Breega, and other existing backers also…

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