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Griffin raises $20M Series B led by Octagon Partners at $100M+ valuation to add card issuing and stablecoin services.

PRIVATENov 12, 2026

Amount Raised

$20 Million

Round Type

Series B

LondonFinancial ServicesFintechBanking

Investors

BreekaNordic NinjaA VenturesNotion CapitalOctagon Partners

Description

Griffin, a London-based bank, closed a $20 million Series B funding round led by Octagon Partners, valuing the company at over $100 million. The funds will support Griffin's expansion into card issuing and stablecoin services for its banking platform. Existing investors including Notion Capital, A+ Ventures, Nordic Ninja, and Breega also participated in the round. The company now serves over 80 enterprise clients and 300,000 retail and business customers, with recurring revenue growing 3.2x year-over-year through September 2026.

Quick answer

Griffin Bank raised $20 Million in a Series B round, dated November 12, 2026. Investors: Breeka, Nordic Ninja, A Ventures, Notion Capital and Octagon Partners. Griffin Bank is based in London, England, United Kingdom.

How much did Griffin Bank raise?
Griffin Bank raised $20 Million in a Series B round on November 12, 2026.
Who invested in Griffin Bank?
Breeka, Nordic Ninja, A Ventures, Notion Capital and Octagon Partners are named as investors in this round.
What does Griffin Bank do?
A UK-based API-driven banking-as-a-service platform, offering a full-stack platform for fintech companies to provide banking, payments, and wealth solutions via automated compliance and an integrated ledger.
Where is Griffin Bank based and how big is it?
Griffin Bank is based in London, England, United Kingdom. Fundz records about 147 employees.
Who are the decision-makers at Griffin Bank?
Fundz holds 1 contact at Griffin Bank. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Fintech around the same time

Companies in the same sectors as Griffin Bank that raised within 45 days of this round, from Fundz verified event records.

  • Light Frame raised $5.1M (Seed) on November 10, 2026.
  • Arka Fincap raised $85M on November 8, 2026.
  • Bread Financial™ raised $5.8M (Series C) on November 3, 2026.
  • Bloquo raised $3.7M (Seed) on November 3, 2026.
  • Akme Fintrade (India) Limited raised $5.3M (Debt Financing) on October 26, 2026.
  • ScribeUp raised $13M (Series A) on October 20, 2026.

Who to call at Griffin Bank, and when

A new round usually means Griffin Bank is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Griffin Bank

Location

London, England, United Kingdom

About

A UK-based API-driven banking-as-a-service platform, offering a full-stack platform for fintech companies to provide banking, payments, and wealth solutions via automated compliance and an integrated ledger.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Griffin Bank raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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