TransferGo teams up with Griffin for GBP wallets and savings as it launches multi-currency business accounts

Exciting news! We’ve partnered with Griffin, the UK’s leading bank for fintechs and platforms. This new partnership allows us to leverage Griffin’s safeguarding infrastructure for its GBP wallets and offer savings accounts with competitive interest rates to UK businesses. 

Addressing the problems of high fees, slow transfers, and complex processes in global money movement, our multi-currency business accounts feature Griffin-powered GBP wallets to ensure customer funds are safeguarded. In addition, the new easy access savings accounts now give TransferGo’s business customers access to competitive interest rates on their working capital, helping them turn idle funds into revenue without compromising liquidity. These accounts come with FSCS protection of up to £85,000 of eligible deposits per depositor. 

Speaking about the launch, Justinas Lasevičius, Co-Founder of TransferGo, noted that 2025 marks a strategic shift for TransferGo, which now offers B2B payment services. As part of its ongoing effort to improve versatility and convenience for business customers, TransferGo recently introduced British pounds sterling (GBP) wallets and savings. 

“We’re committed to providing our business clients with efficient and profit-friendly international money management solutions. GBP wallets and savings are proof of this— giving business owners and managers more freedom to send and receive payments, leverage the benefits of a local IBAN, access same-day transfers and gain greater control over their finances. We empower businesses to grow by cutting out high costs and delivering a fairer and seamless financial experience,” said Justinas Lasevičius.

David Jarvis, CEO and Co-Founder at Griffin added: “We’re inspired by how TransferGo helps people and businesses around the world to stay connected to each other. We’re thrilled to be able to do our small part in supporting them and their customers by providing secure banking infrastructure for their GBP wallets and savings accounts.”

About Griffin

​Griffin puts the bank in Banking as a Service. We combine the secure, regulated infrastructure of a bank with the speed and power of modern software into one powerful full-stack BaaS platform. We aim to empower companies to embed banking into their products quickly and safely. With purpose-built APIs and an all-access developer sandbox, we’re helping our customers build and launch payment platforms, financial wellness apps, client account products, business loans and more.

Griffin is regulated by the PRA and the FCA. Griffin’s Firm Reference Number (FRN) is 970920.

Learn more: https://griffin.com | Enquiries: press@griffin.com

About TransferGo

TransferGo is a global fintech creating a fairer world for millions of global citizens and companies by offering simpler, fairer financial services. Celebrating over 12 years of innovation, TransferGo continues to break down financial barriers, supporting over 8 million customers across 160 countries and proudly standing out as one of the most trusted financial service providers globally. With a strong focus on financial inclusion, TransferGo’s mission is to make the world fairer by helping people and businesses make the best of their hard-earned money.

Learn more: https://www.transfergo.com  | Enquiries: sme@transfergo.com