Griffin Completes $20 Million Series B Funding, Led by Octagon Partners

Griffin has announced the completion of a $20 million Series B funding round, led by Octagon Partners, with participation from existing investors including Notion Capital, A+ Ventures, Nordic Ninja, and Breega. The company's valuation exceeds $100 million. The funds from this round will be used to expand card issuance and stablecoin-related services. In March 2024, Griffin completed a $24 million funding round led by MassMutual Ventures, Nordic Ninja, and Breega, and obtained a full banking license at that time.