Tag: Monument Bank

Activity, Investment Banking

UK challenger Monument Bank completes £40m Series B raise, eyes more funding

November 9, 2023

Via: FinTech Futures

The round also saw existing investor Dubai Investments acquire an additional 7.68% equity stake in the challenger, increasing the group`s holding in the bank from an initial 9.25% to 16.93%, subject to regulatory approvals. While the latest funding has taken […]

Activity, Corporate Banking

Dubai Investments buys 9% stake in UK challenger Monument Bank

January 30, 2023

Via: FinTech Futures

Following the investment, Monument, which is regulated by the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA), says it is looking to expand its product suite and services to cater to the mass-affluent both in the UK and globally. […]