Creating a new, technology-driven commercial and wholesale bank in the UK.
Fintechs in the UK need to partner with a bank or get a regulatory license to do business. Bank partnerships move slowly - their technology and processes are outdated and expensive. Similarly, getting a license takes time, people and money.
This makes starting a fintech company hard and costly. We want to change this by creating a new bank that's built to work with technology companies (focusing on fintechs, but for general technology firms as well).
Fintechs in the UK need to partner with a bank or get a regulatory license to do business. Bank partnerships move slowly - their technology and processes are outdated and expensive. Similarly, getting a license takes time, people and money.
This makes starting a fintech company hard and costly. We want to change this by creating a new bank that's built to work with technology companies (focusing on fintechs, but for general technology firms as well).
https://griffin.sh