Product Manager - Dashboard & Enterprise Operational Platforms

David Jenkins appointed as new CFO at Griffin. Jenkins brings over three decades of experience in financial leadership roles and has previously held several CFO positions. October 23, 2026 UK-based bank and Banking-as-a-Service (BaaS) provider Griffin has appointed industry veteran David Jenkins as its new chief financial officer (CFO), effective immediately. At Griffin, Jenkins will be responsible for the company's financial strategy, capital and liquidity, treasury, and financial planning. He succeeds Chad Ryan, who served in the role between January 2023 and December 2025, according to his LinkedIn profile. Jenkins brings over three decades of experience in financial leadership roles and has previously held several CFO positions. He most recently held the role at Vemi Money, where he is credited with building out their "financial operations and risk management function, covering hiring, technology, treasury strategy, and governance", according to a Griffin statement. He also previously served as CFO at Recognise Financial Services, director of finance at Aldermore Bank, head of FP&A for Lloyds' consumer banking division, and group head of planning at Prudential UK. Earlier in his career, he held senior positions at Credit Suisse, ABN Amro, and PwC. Jenkins now joins a Griffin C-suite which includes co-founder and CEO David Jarvis, co-founder and chief technology officer Allen Rohner, and chief operating officer Ed Carter, a former JP Morgan executive who joined the company in 2024. Griffin offers BaaS and embedded finance products for fintechs and platforms, with partners including Marqeta and Uber. Since launching in 2024, Griffin claims to have processed over £8.9 billion in payments and serves 285,000 customers. Reporter, FinTech Futures Cameron Emanuel-Burns, a reporter at FinTech Futures, is dedicated to enhancing the accessibility of fintech for a broader audience. He has contributed articles to various media platforms and possesses a strong interest in all aspects of fintech. Prior to his involvement in the financial industry, Emanuel-Burns worked in the podcasting field, where he held editorial, hosting,and production positions for renowned production companies, covering diverse topics. With a research master's degree in conflict analysis, he conducted a study on the influence of anti-refugee policies on extremism.

Coinbase and Marqeta bet on 24/7 stablecoin cards for enterprise payments. Coinbase and Marqeta are expanding their partnership to offer businesses stablecoin-funded card programs with round-the-clock settlement powered by the Base network. A quiet but consequential infrastructure deal is taking shape in the payments industry. Coinbase and Marqeta are expanding their existing partnership to build enterprise-grade stablecoin card programs - products that would allow businesses to fund and operate payment cards at any hour of the day, settled onchain through Coinbase's Base Layer-2 network. It is a move that signals how seriously the two companies are now treating stablecoins not as a speculative asset class, but as functional payment rails. The mechanics are straightforward but the implications run deep. Under the planned offering, Coinbase would hold the stablecoin balances that businesses use to back their card programs, while Base would serve as the settlement layer - processing transactions onchain rather than routing them through the fragmented correspondent banking system that still governs most cross-border and after-hours payments. For corporate treasury teams accustomed to waiting until Monday morning to clear weekend transactions, the 24/7 funding capability alone represents a meaningful operational upgrade. Why enterprise cards, why now. The timing of this expansion is not accidental. Stablecoins have moved steadily from a crypto-native curiosity to a boardroom conversation, driven in part by clearer regulatory signals in major markets and by the demonstrated efficiency of dollar-pegged tokens for moving value across time zones without banking intermediaries. Marqeta, which built its reputation as a modern card-issuing platform serving fintechs and large enterprises alike, is now positioning itself at the intersection of that shift and its core card infrastructure business. What makes this particular partnership architecturally interesting is the role Base plays. Rather than using stablecoins as a funding mechanism that then converts back into traditional payment rails at settlement, the structure keeps the process onchain. Base provides the settlement infrastructure, meaning the ledger that records final, authoritative transaction state is a public blockchain - not a private database reconciled at end of day. This is the kind of structural difference that matters enormously at scale, particularly for multinational enterprises managing card programs across multiple currencies and jurisdictions. Marqeta's strategic positioning. For Marqeta, this expansion represents a deliberate push to stay relevant as enterprise payment needs evolve beyond what legacy card processors were designed to handle. The company has spent years building flexible, programmable card-issuing infrastructure. Adding stablecoin funding capability - with Coinbase as the balance custodian and Base as the settlement engine - gives Marqeta a credible answer to enterprise clients who are exploring blockchain-based treasury operations without wanting to build that infrastructure themselves. The custodial arrangement is equally worth examining. By placing Coinbase in the role of balance holder, the partnership effectively positions one of the most regulated and publicly scrutinized crypto companies in the United States as the institutional-grade custodian for enterprise card funds. That is a deliberate trust signal aimed at corporate finance officers who need regulatory clarity before committing operational capital to any blockchain-adjacent product. The broader stablecoin infrastructure race. This deal arrives as competition in the stablecoin payments infrastructure space is intensifying. Card networks, neobanks, and crypto-native firms are all racing to offer some version of stablecoin-backed spending products, but most of those efforts remain consumer-facing or limited in scope. An enterprise-grade offering - with 24/7 funding, institutional custody, and a public blockchain as the settlement layer - targets a different and more lucrative segment of the market. The use of Base as settlement infrastructure also deserves scrutiny beyond the technical. Base is Coinbase's own Layer-2 network, built on the Ethereum ecosystem. Routing enterprise card settlement through Base means Coinbase captures not only the custody relationship on the balance side but also the onchain activity on the settlement side. That dual position gives Coinbase visibility and potential revenue across the full transaction lifecycle - a vertically integrated model that few competitors can currently replicate. What this means for enterprise payments. If the planned offering reaches market and gains adoption, it could establish a template for how large businesses fund and settle card programs going forward. The 24/7 availability addresses a genuine pain point that the traditional banking system has never fully solved. The onchain settlement layer offers auditability and finality that legacy systems often cannot match. And the Coinbase-Marqeta pairing brings together institutional credibility on both the crypto and card-issuing sides of the equation. The critical test will be whether enterprise clients - with their compliance requirements, treasury policies, and risk frameworks - are ready to route operational card funding through a stablecoin infrastructure. The partnership structure suggests both Coinbase and Marqeta believe the answer is increasingly yes. How quickly that belief translates into live programs and transaction volume will be the real measure of how far enterprise stablecoin payments have actually come. Yuki tanaka. Digital assets and mining editor. Reports on Bitcoin mining economics, energy policy, and hardware innovation. § Comments Open discussion no account needed

Coinbase and Marqeta expand partnership to launch stablecoin-backed cards for enterprises. The partnership could accelerate stablecoin adoption in enterprise payments, enhancing transaction efficiency but facing regulatory challenges. Unfortunately, this resource does not provide the full text of the news :(