Griffin submits application for UK banking authorisation, hitting major milestone in building a developer-friendly bank for fintechs

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The London-based company is building an API-first Banking as-a-Service (BaaS) platform, designed to couple best-in-class technology with the security and reliability of an authorised bank

Thursday 12th May 2022, London – Today, Griffin – a UK Banking-as-a-Service (BaaS) fintech – announces the completion of an important step in its application for a banking licence. Griffin has submitted its application to the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA).

David Jarvis, Griffin CEO

David Jarvis, Griffin CEO

“This is a major milestone for the company and a direct result of the team’s hard work and thoughtful approach to building a sound internal structure, strong business model, and reliable technology platform,” John Weguelin, Griffin Chair. “I and the Board are thrilled to support the team on its journey to seeking authorisation to become a bank.”

Griffin’s…

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