Griffin, the UK banking partner of Uber, has successfully raised $20 million in a Series B funding round led by Octagon Partners, bringing the company’s valuation to over $100 million. The newly acquired funds will be allocated towards the development of stablecoin reserve management services, cross-border blockchain payments, and the issuance of bank cards. Griffin, which obtained a full banking license in 2024, currently serves more than 80 clients, including Uber, and processes approximately 10 million payments annually.