💰 British bank Griffin raises $20 million to develop stablecoin payments
On November 12, 2026, British bank Griffin announced it had raised $20 million in a Series B round led by Octagon Partners. The company was valued at over $100 million. Other investors included Notion Capital, A+ Ventures, Nordic Ninja, and Breega.
The funds will go toward developing banking infrastructure, issuing payment cards, and providing services for stablecoins, including reserve backing and cross-border transfers via blockchain. These are expansion plans, not an announcement that all the listed products are launching.
Griffin received a full UK banking license in 2024 and serves more than 80 companies. The new funding reflects traditional banking sector interest in digital payments infrastructure.
Source: Griffin’s official press release and CoinDesk, November 12, 2026.
#Stablecoins #Fintech
On November 12, 2026, British bank Griffin announced it had raised $20 million in a Series B round led by Octagon Partners. The company was valued at over $100 million. Other investors included Notion Capital, A+ Ventures, Nordic Ninja, and Breega.
The funds will go toward developing banking infrastructure, issuing payment cards, and providing services for stablecoins, including reserve backing and cross-border transfers via blockchain. These are expansion plans, not an announcement that all the listed products are launching.
Griffin received a full UK banking license in 2024 and serves more than 80 companies. The new funding reflects traditional banking sector interest in digital payments infrastructure.
Source: Griffin’s official press release and CoinDesk, November 12, 2026.
#Stablecoins #Fintech