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Griffin Completes $20 Million Series B Financing

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On November 12, 2026, PYMNTS reported that Griffin completed a $20 million Series B financing, bringing the company's valuation to $100 million. Griffin plans to expand its card issuance and stablecoin services, launch debit cards for brand retailers and businesses, and develop credit card products. At the same time, the company is developing reserve capabilities to support its stablecoin business and on-chain cross-border payment capabilities. Griffin said its banking platform currently serves more than 80 companies.

AI-written from reports · updated 57 minutes ago

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Nov 12
  1. PYMNTS
    Griffin completes $20 million Series B financing at a $100 million valuation and expands stablecoin business

    Griffin completed a $20 million Series B financing at a $100 million valuation and plans to expand its card-issuing and stablecoin services. The company will launch branded retail and corporate debit cards, plan credit card products, and develop reserve capabilities to support stablecoin operations and on-chain cross-border payment capabilities. Griffin said its banking platform already serves more than 80 companies.

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