# UK bank Griffin raises $20 million to expand into stablecoin payments

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2 outlets covering · First listed: CoinDesk, Nov 12, 2026, 6:04 AM · Read it: <https://www.coindesk.com/business/2026/11/12/uk-bank-griffin-raises-usd20-million-to-expand-into-stablecoin-payments>

The Series B funding round, led by Octagon Partners valued the London-based company at more than $100 million.

## Who's covering it

In the order they published:

- Nov 12, 2026, 6:04 AM: [UK bank Griffin raises $20 million to expand into stablecoin payments](<https://www.coindesk.com/business/2026/11/12/uk-bank-griffin-raises-usd20-million-to-expand-into-stablecoin-payments>) — CoinDesk (Specialist, United States)
  The Series B funding round, led by Octagon Partners valued the London-based company at more than $100 million.
- Nov 12, 2026, 7:21 AM: [Uber’s UK banking partner Griffin raises $20M for stablecoin services](<https://cointelegraph.com/news/digital-bank-griffin-100m-valuation-card-stablecoin>) — Cointelegraph (Specialist)
  The Series B valued Griffin at more than $100 million and will help fund stablecoin reserve services and onchain cross-border payments.