Observed Signal · Nov 12, 2026 · Funding · Source: Tech.eu (European Tech & Deals) · Impact: 2/5 · Sentiment: Positive
UK Fintech Griffin Raises $20M in Series B
London-based banking-as-a-service provider Griffin has raised $20 million in a Series B funding round led by Octagon Partners, with participation from Notion Capital, A+ Ventures, Nordic Ninja, Breega and other existing investors. The company is now valued at over $100 million and has raised approximately $95 million in total. Griffin holds a UK banking licence, enabling fintechs and businesses to offer banking services without obtaining their own licences. Its platform integrates bank accounts and payments into client apps, and provides KYC and anti-money laundering services. Since launching as a licensed bank two years ago, over 80 companies, including Uber, are building on its infrastructure. The funds will be used to expand its suite of banking services, such as card issuing and stablecoin services, and to help the company reach full-year profitability.
This is a funding round for a banking-as-a-service provider, which is relevant to the fintech sector but not directly to AdTech or MarTech. The impact on the advertising technology industry is indirect at best.
Track Notion Capital Signals & Market Shifts in Real-Time
Polaris7 autonomous intelligence agents track regulatory filings, primary sources, executive changes, and deal flow 24/7. Create your Polaris7 workspace to monitor these entities.
Key Takeaways & Evidence Grounding
- Griffin raised $20 million in Series B funding led by Octagon Partners.
- The company is valued at over $100 million.
- Total funding raised to date is approximately $95 million.
- Griffin holds a UK banking licence and provides banking-as-a-service.
- Over 80 companies, including Uber, use Griffin's infrastructure.
Connected Companies & Entities
“Notion Capital participated in the funding round.”
“Breega participated in the funding round.”
“Uber is mentioned as one of the companies building on Griffin's infrastructure.”
Ontology Mapping & Concepts
Related Market Signals & Shifts
Recent verified developments and strategic activity across this market segment.
UK FinTech Ryft secures €23M Series B
Manchester-based payments company Ryft has raised €23 million in a Series B funding round led by Gresham House Ventures, with participation from existing investors Pembroke VCT and Ingenii Capital. The round aims to accelerate the company's expansion into European markets and the US, and to support product development. Ryft builds payment solutions for marketplaces, platforms, and multi-location businesses, handling seller onboarding, recurring billing, automated split payments, and cross-border payouts through a single integration. The company has tripled processing volume over the past 12 months and serves over 6,500 businesses, including Epos Now and the Disasters Emergency Committee. Ryft has applied for an EU license from the Malta Financial Services Authority to passport its services across the European Economic Area.
Chift Raises €10.5M Series A for Financial Connectivity
Brussels-based fintech Chift has raised €10.5 million in Series A funding to scale its financial software connectivity platform across Europe and enhance its AI capabilities. The round was led by BlackFin Capital Partners, with participation from existing investors Entourage, Shapers, Seeder Fund, and Wallonie Entreprendre. Founded in 2022, Chift provides a unified API that connects software products to over 120 financial systems, including accounting, invoicing, point-of-sale, e-commerce, payment, and property management. The platform now enables AI agents to access financial data through its Model Context Protocol (MCP) server, handling authentication and access control. The funding will support expansion into major European markets and further AI development.
FintechOS Raises $28M in Equity and Debt
FintechOS, a Romania-founded B2B software firm providing AI and software services for banks and insurance companies, has raised $28 million in a combination of equity and debt funding from its existing investors. The equity portion came from investors including Bek Ventures, IFC, Cipio Partners, and Molten Ventures, while a debt facility was provided by Santander Corporate Investment Banking. The company, headquartered in London with offices in Bucharest and New York, plans to use the funds to expand in the US, win more European clients, and scale its AI technology. FintechOS has raised over $150 million in total to date and achieved profitability in the first half of 2026, driven by growth in the US market.
Receive all future signals for Notion Capital & competitors in your briefing
Never miss material M&A deals, leadership changes, account wins, or product rollouts. Polaris7 monitors 20,000+ primary sources 24/7, delivering verified telemetry directly into your executive briefing.