DATE:
AUTHOR:
The Product team at Griffin
Announcements

Introducing embedded savings accounts

DATE:
AUTHOR: The Product team at Griffin

What’s new?

We've introduced Easy Access Savings Accounts on our platform! You can embed these accounts into your product and offer them to customers.

With our savings accounts:

  • You can open individual savings accounts for your customers.

  • Your customers can access their funds at any time.

  • Give your customers peace of mind with deposits covered by the FSCS.

How can I open a savings account in the sandbox?

Navigate to the Customers section and then head to the Savings space in our sandbox to open your first savings account, or learn how to open an account using our API here.

At the moment you can:

  • Open a savings account

  • Close a savings account

  • Make payments to and from a savings account

You’ll soon be able to earn interest on your deposits as well.

Why have we done it?

Our savings account will allow you to expand your product range, enhancing your competitiveness and potentially increasing revenue streams.

How will this affect existing integrations?

This won’t affect any account opening integrations - the process remains the same.

The account closing integration has now changed. Learn how to close a bank account here.

Join Foundations, our early access programme.

Foundations is for UK-based companies looking to embed banking solutions into their products. If you’re looking to partner with us, apply here.


Thanks for reading! You'll be hearing from us again soon.

In the meantime, you can start testing our products right away when you sign up for our sandbox.

If you need support, feel free to reach out through our in-app chat or send a message to product@griffin.com.

We’re always working to improve our products and enhance your experience. Stay tuned for more updates!

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