ClearBank Embedded Banking vs Griffin
ClearBank Embedded Banking
clear.bankGriffin
griffin.comSide by side
| Figure | ClearBank Embedded Banking | Griffin |
|---|---|---|
| Price from | — | £100/mo |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | — | Yes |
| API | Yes | Yes |
| Plans published | 1 | 4 |
| Spec score · Banking-as-a-Service Platforms | 7.8 (#10) | 7.8 (#11) |
| Founded | 2016 | 2017 |
| Headquarters | London, United Kingdom | London, United Kingdom |
| Integration | The API-first integration includes a simulation environment, webhook configuration for real-time notifications and a developer portal. | The Griffin API is REST-based, uses JSON, and has a free sandbox for testing without fees or an NDA. |
| Payments | Current accounts support UK payment schemes including Faster Payments and CHAPS, and the page also describes Bacs access for current accounts. | Payment features include Faster Payments, instant book transfers between Griffin accounts, payment webhooks, and Confirmation of Payee. |
| What it does | ClearBank provides regulated banking infrastructure so businesses can offer financial products under their own brand without becoming a bank. | Griffin provides banking-as-a-service infrastructure that companies can use to embed bank accounts, payments, and other financial products through APIs. |
Plans
Griffin
- Business bank accounts£100 a month
- Platform banking monthly package£10,000 a month
- Platform banking onboarding£15,000, paid once
- Platform banking EnterprisePriced on request
In their own words
ClearBank Embedded Banking
ClearBank Embedded Banking has no write-up on Specifiction yet; its figures are above.
Griffin
Griffin provides banking-as-a-service infrastructure for companies embedding bank accounts, payments, and other financial products through APIs. It operates its own core banking platform and banking license. Business accounts for fintechs and venture-backed startups can be managed online or by API, while embedded savings and bank accounts support customer funds and client money. Payment features include Faster Payments, instant transfers between Griffin accounts, payment webhooks, and Confirmation of Payee. Verify automates KYC and KYB checks and provides onboarding workflows. The REST API uses JSON and includes a free sandbox without fees or an NDA. Griffin also works with tell.money on open-banking integrations. Griffin Bank is authorised by the Prudential Regulation Authority and regulated by the FCA and PRA. Security documentation cites encryption at rest and in transit, monitored access, and least privilege. Business banking starts at £100 per month; platform packages are £10,000 per month, with onboarding from £15,000 one-off.