Grifin takes the security of your account seriously. These are the specific measures Grifin uses to help protect you, your information, and your account.
How Grifin links your bank and cards
Grifin connects to your bank through Plaid, which supports more than 12,000 financial institutions. Your cards link the same way. Plaid uses its own security measures to protect your information.
How your data is encrypted
Grifin encrypts data in transit and at rest using industry-standard protocols: HTTPS/TLS for data in transit and AES-256 for stored data.
Who holds your stock
Brokerage services are provided through Apex Clearing Corporation, a US-based broker-dealer, which provides custody, clearing and settlement for your Grifin account.
How you get into your account
- Access control uses biometric authentication, passwords and PIN codes.
- Multi-factor authentication is used for financial actions in the app, such as buying and selling stock.
How Grifin protects its systems
- In-app security features, firewalls and proactive threat detection.
- Daily backups and redundancy measures to help limit the impact of data loss or a breach.
- Regular employee training in cybersecurity and secure data handling.
Regulation and advisory services
Grifin works with compliance and legal experts to follow US federal financial regulations and data protection laws. Advisory services are provided by Interest Financial, LLC, an SEC-registered investment adviser.
Is Grifin legit?
Yes. Grifin (sometimes misspelled Griffin) is a real investing app. Advisory services are provided by Interest Financial, LLC, an SEC-registered investment adviser, and brokerage services are provided through Apex Clearing Corporation. More than 100,000 people have invested through Grifin, and the app has 4.5 stars across more than 7,500 App Store ratings.*
Can I withdraw my money anytime?
You can sell and withdraw from the app, but it isn't instant. A sell order placed while the market is open usually goes through shortly after. Cash from the sale usually shows up in your Grifin account within 1-2 business days, and a withdrawal usually takes 1-3 business days to reach your linked bank account. Cash from a deposit made in the last 7 days takes 6 business days to become available to withdraw.
Does Grifin sell my personal information?
No. Grifin does not sell your personal information. Grifin does share some information, for example with Interest Financial and other affiliates, and with marketing, analytics and advertising partners. The privacy policy has the full list. Read the privacy policy.
Who can I ask about Grifin's security?
Email support@grifin.com with any question about how Grifin protects your account.
Is Grifin free?
No. Grifin is a paid membership, charged separately from your investments. See current pricing.