Financial news

Griffin, the API-first UK bank and full-stack banking as a service (BaaS) platform, is now accepting applications for its early access programme, following a successful pilot phase.

Called Foundations, the programme targets UK companies aiming to offer financial products directly to their customers through a BaaS provider. By leveraging Griffin’s vertically integrated infrastructure and modern APIs, businesses can embed banking products seamlessly, including savings and safeguarding accounts.

Foundation is part of Griffin’s commitment to simplifying banking and enhancing customer experiences through embedded finance solutions.

“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 everyday,” explains David Jarvis, CEO and co-founder of Griffin.

“Foundations 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.”

Lettspay‍, a client accounting solution for the property sector, has outlined its work with Griffin and the Foundations programme, with CEO and founder Garrett Foxon, commenting: “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.”

Foundations

Participants in Foundations gain access to Griffin’s platform and receive dedicated support from banking and tech experts, as well as influence on Griffin’s future products. They can implement Griffin’s full-stack BaaS platform throughout their product stack, enabling FSCS-protected embedded banking features.

While only a limited number of companies meeting specific criteria will be accepted initially, others will be placed on a waitlist for future opportunities.