EP 91: LETTSPAY AND GRIFFIN BANK WITH GARRETT FOXON AND ADAM MOULSON
The guests on this week's fascinating show are Adam Moulson, COO of Griffin Bank and Garrett Foxon, CEO of LettsPay. Lettspay provides client accounts for Landlords, which are underpinned by Griffin's banking licence. While the Lettspay solution sounds relatively niche, it plays in a massive market with over 4.5 million landlords in the UK and over 15000 real estate agents. Garrett talks about how he built, evolved and grew Lettspay. He tells us how he used some basic research to identify the opportunity and how that insight translated into the Lettspay proposition. He also discusses why they partnered with Griffin Bank. Adam shares his view on the opportunity for Griffin and why they feel confident about growing despite the competition. This is a fascinating insight into why BaaS solutions can provide incredibly focused products and services for a particular niche and the opportunities they can unlock.