Griffin, the API-first UK financial institution and full-stack banking as a service (BaaS) platform, is now accepting purposes for its early entry programme, following a profitable pilot part.
Referred to as Foundations, the programme targets UK corporations aiming to supply monetary merchandise on to their clients by a BaaS supplier. By leveraging Griffin’s vertically built-in infrastructure and trendy APIs, companies can embed banking merchandise seamlessly, together with financial savings and safeguarding accounts.
Basis is a part of Griffin’s dedication to simplifying banking and enhancing buyer experiences by embedded finance options.
“We’re on the lookout for mission-driven corporations who share our conviction that finance needs to be contextual, related and seamlessly built-in into merchandise that companies and shoppers are already utilizing on a regular basis,” explains David Jarvis, CEO and co-founder of Griffin.
“Foundations is an invite to corporations that wish to make their clients’ lives simpler with embedded finance: we’ve constructed a financial institution that will help you just do that.”
Lettspay, a shopper accounting answer for the property sector, has outlined its work with Griffin and the Foundations programme, with CEO and founder Garrett Foxon, commenting: “We discovered Griffin on the level the place it felt like there was no answer to the banking issues we confronted within the proptech trade.
“Griffin labored with us to supply an answer that not solely works for our enterprise however doubtlessly solves among the main points round holding shopper cash for the trade.”
Foundations
Contributors in Foundations achieve entry to Griffin’s platform and obtain devoted assist from banking and tech consultants, in addition to affect on Griffin’s future merchandise. They’ll implement Griffin’s full-stack BaaS platform all through their product stack, enabling FSCS-protected embedded banking options.
Whereas solely a restricted variety of corporations assembly particular standards might be accepted initially, others might be positioned on a waitlist for future alternatives.
