Griffin Eyes Stablecoin Expansion After Raising $20 Million
By PYMNTS
AI summary of the source article
Griffin, a UK bank for fintechs and platforms, raised $20 million in a Series B funding round that values the startup at $100 million. The company plans to use the funding to expand into card issuing and stablecoin services.
Why it matters
The funding will help Griffin expand into card issuing and stablecoin services.
Key facts
- Griffin raised $20 million in Series B funding at a $100 million valuation.
- Griffin operates as a bank for fintechs and platforms in the United Kingdom.
- The capital will be used to expand into card issuing and stablecoin services.
Source excerpt · PYMNTS
Griffin, a bank for FinTechs and platforms in the United Kingdom, raised $20 million in a Series B funding round that values the startup at $100 million, according to a Wednesday (Nov. 11) company blog post. The funding will help Griffin expand into card issuing and stablecoin services, the post said. “Since launching as a […] The post Griffin Eyes Stablecoin Expansion After Raising $20 Million ap…