UK bank Griffin raised $20 million in a Series B round led by Octagon Partners, with Notion Capital, A+ Ventures, Nordic Ninja and Breega also participating. The deal values the company at more than $100 million and brings its total funding to nearly $95 million. Griffin will use the funds to launch branded debit and credit cards, provide reserve services for stablecoin issuers and build cross-border payment rails on the blockchain. The bank already supports more than 80 companies, including Uber, and serves over 300,000 customers, while its recurring revenue tripled year on year as of September 2026. It received its full UK banking licence in March 2024 and plans to apply for a US banking licence in 2027.
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