Griffin vs Newline by Fifth Third
Griffin
griffin.comNewline by Fifth Third
newline53.comSide by side
| Figure | Griffin | Newline by Fifth Third |
|---|---|---|
| Price from | £100/mo | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | — |
| API | Yes | Yes |
| Plans published | 4 | 0 |
| Spec score · Banking-as-a-Service Platforms | 7.8 (#11) | 7.1 (#25) |
| Founded | 2017 | 2023 |
| Payments | Payment features include Faster Payments, instant book transfers between Griffin accounts, payment webhooks, and Confirmation of Payee. | Its payment rails include ACH, wire, book transfer, and RTP instant payments; FedNow is listed as coming soon. |
| Support | Griffin lists [email protected] and a developer Slack community as support and community channels. | The developer documentation directs clients to its Sales and Partnership team or their Newline Specialist for implementation and API questions. |
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
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.
Newline by Fifth Third
Newline by Fifth Third has no write-up on Specifiction yet; its figures are above.