Griffin, the London-based challenger and soon-to-be bank, has raised £3 million in a seed round led by Europe’s seed fund Seedcamp and Tribe Capital. The round also saw participation from angel investors including the founders of Indeed.com. Funding will be used to finish building its fully-regulated banking platform designed for fintechs looking to build and launch their own financial products but who can’t afford to wait for incumbent banks to catch up. The start-up believes fintechs starting out in the industry struggle to get up and running “due to poor technology offerings and [a] lack of appetite from major banks”.…
Griffin raises £3m to take aim at banks’ legacy tech
Griffin raises £3m to take aim at banks’ legacy tech
