# Griffin Eyes Stablecoin Expansion After Raising $20 Million

> Griffin, a UK bank for FinTechs, raised $20 million to expand stablecoin services and card issuing.
- Title: Griffin Eyes Stablecoin Expansion After Raising $20 Million
- Summary: Griffin, a UK bank for FinTechs, raised $20 million to expand stablecoin services and card issuing.
- Keywords: griffin, stablecoins, series b funding, card issuing, uk bank, fin tech, Pymnts
- Source: Pymnts — https://pymnts.com/cryptocurrency/2026/griffin-eyes-stablecoin-expansion-after-raising-20-million-dollars
- Author: PYMNTS
- Published: 2026-11-12T15:37:20+00:00
- Read time: 1 min
- Topics: griffin, stablecoins, series b funding, card issuing, uk bank, fin tech, business, finance
## Funding Round Details
Griffin raised $20 million in Series B funding, valuing the startup at $100 million.
## Expansion Plans
Griffin will launch branded debit cards and credit cards for businesses.
## Stablecoin Development
Griffin is building reserve capabilities for stablecoin market and cross-border payments.
## Current Impact
Griffin powers banking for over 80 companies including Uber and Prosper.
## Key takeaway

Griffin raised $20 million in Series B funding to expand stablecoin and card services for over 80 companies.