Griffin Launches Foundations, an Early Access Programme for UK Companies to Embed Banking Products

  • Banking
  • 22.02.2024 09:30 am

Griffin, the API-first UK bank and full-stack Banking as a Service (BaaS) platform, has announced that it is accepting applications for its early access programme, Foundations. This comes after a successful pilot programme for its first set of customers. Foundations are designed for companies in the UK who want to offer financial products to their customers and build directly on a full-stack BaaS provider.  

As a licensed UK bank offering vertically integrated infrastructure and cutting-edge risk management via simple, modern APIs, Griffin is helping companies embed banking products like savings accounts, safeguarding accounts and accounts for holding client money, and creating value for industries that previously struggled with finding the right BaaS partners. 

Foundations participants will receive access to Griffin’s platform, along with dedicated support from a team of banking and tech experts. See how Griffin worked with LettsPay.

Speaking on the programme, Garrett Foxon, CEO and Founder of LettsPay, said: “We found Griffin at the point where it felt like there was no solution to the banking problems we faced in the proptech industry. Griffin worked with us to provide a solution that not only works for our business but potentially solves some of the major issues around holding client money for the industry.”

Only a small number of companies who meet the set criteria will be accepted for the first phase of Foundations. If not selected initially, companies will be added to a waitlist and notified of future opportunities as Griffin scales. Companies can also sign up to a free, all-access sandbox to start testing Griffin’s products immediately.

Those selected for Foundations will get the following benefits: 

  • Pioneer advantage: Unlock new revenue streams and reduce costs by skipping the BaaS middleware and building directly on an API-first bank.

  • Dedicated support from experts: Our banking, compliance and tech experts are on hand to support your team. 

  • Streamlined banking operations: Griffin can help simplify banking for companies with complex business models or niche regulatory requirements.

  • Influence on the product roadmap: A unique opportunity to provide feedback and influence the development of Griffin’s future products.

David Jarvis, CEO and co-founder of Griffin, commented: “We're looking for mission-driven companies who share our conviction that finance should be contextual, relevant and seamlessly integrated into products that businesses and consumers are already using every day.  Foundation is an invitation to companies that want to make their customers’ lives easier with embedded finance: we’ve built a bank to help you do just that.”

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