Griffin, the API-first UK financial institution and full-stack banking as a service (BaaS) platform, is now accepting functions for its early entry programme, following a profitable pilot section.
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 fashionable 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 in search of mission-driven corporations who share our conviction that finance ought to be contextual, related and seamlessly built-in into merchandise that companies and customers are already utilizing on a regular basis,” explains David Jarvis, CEO and co-founder of Griffin.
“Foundations is an invite to corporations that need to make their clients’ lives simpler with embedded finance: we’ve constructed a financial institution that can assist you do exactly that.”
Lettspay, a consumer 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 probably solves a few of the main points round holding consumer cash for the trade.”
Foundations
Members in Foundations acquire 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.
