04 December 2024

WealthKernel taps Griffin to expand its product portfolio with savings accounts

Written By FinTech Alliance in FinTech

WealthKernel taps Griffin to expand its product portfolio with savings accounts

WealthKernel, a leading digital investment infrastructure provider, has partnered with Griffin, the UK’s leading bank for fintechs. This partnership enables WealthKernel to embed and offer savings accounts to fintechs and wealth managers via its API.

Committed to transforming wealth management with API-first investment infrastructure, WealthKernel is partnering with Griffin to add savings accounts to its product portfolio to further enrich its suite of wealth and investment offerings. Customers will benefit from a cohesive experience, with the ability to earn interest on funds they may not yet wish to commit to longer-term investments, enabling them to manage liquidity and growth as their financial needs evolve. This partnership will empower more fintechs and wealth managers to better serve a wide range of wealth-building goals and timelines.

Commenting on the partnership, David Jarvis, co-founder and CEO of Griffin, said: “We’ve been fans of WealthKernel for a very, very long time - and have been seeking ways to collaborate together for some time. I’m thrilled that we’re finally able to work together. Our partnership with WealthKernel will unlock the opportunity for many other fintechs to expand their offerings and quickly bring savings products to market. By leveraging our platform to integrate savings accounts directly into its digital investing infrastructure, WealthKernel is empowering businesses to provide a key wealth-building product for their customers.”

Karan Shanmugarajah, CEO of WealthKernel, added: “This is an important step in expanding our API infrastructure to meet the diverse needs of fintechs and wealth managers. By adding savings accounts, we’re not only enhancing the breadth of financial services that our clients can offer but also enabling their customers to take a more holistic approach to their financial health—whether they’re focused on building savings or investing for the future. This collaboration underscores our commitment to creating better businesses with our API-first infrastructure and developing solutions that empower businesses and elevate the customer experience.”

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