Banking as a Service business Griffin has launched a sandbox.
In Brief:
The sandbox is for FinTechs to build prototypes and test applications.
Companies can test workflows, create mock bank accounts, simulate payments and more.
This enables companies to test their products in a secure environment with less risk before taking them to market.
What does this mean?
The sandbox has now come out of Beta testing, and aims to work with FinTechs to lower their barrier to entry when it comes to building and deploying embedded finance products. Engineers and product managers can start building without the financial commitment and wait times they may otherwise need.
