Strategic Payments Platforms and Infrastructure
May 23, 2025
TransferGo, the global fintech empowering a world on the move, has partnered with Gryphon, the UK’s leading bank for fintechs and platforms. This partnership allows TransferGo to leverage Griffin’s safeguarding infrastructure for its GBP wallets and offer UK businesses savings accounts with competitive interest rates.
Addressing the problems of high fees, slow transfers, and complex processes in global money movement, TransferGo’s 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 on 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,” says Justinas Lasevičius.
David Jarvis, CEO and co-founder at Griffin, adds, “We’re inspired by how TransferGo helps people and businesses worldwide 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.”
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