Dubai Investments PJSC, listed on the Dubai Financial Market [DFM], has acquired a 9% equity stake in Monument Bank Limited, a UK Based Digital Bank regulated by the Financial Conduct Authority (UK) and the Prudential Regulation Authority (UK). The terms of the deal were not… Read More
Read more in: Fintech, Global | Tagged digital bank, ian rand, mintoo bhandari, monument bank, uk, united kingdom
Monument Bank has received regulatory approval this week to operate under a restricted license receiving a green light from the Financial Conduct Authority and Prudential Regulation Authority. Monument Bank seeks to cater to the affluent providing a service that is just a click away as… Read More
Read more in: Fintech, Featured Headlines, Global | Tagged banking, digital bank, mass affluent, mintoo bhandari, monument bank, niall booker, uk, united kingdom
Monument Bank, a new all-digital bank that’s reportedly backed by City of London veterans, is preparing for launch in the coming months. The digital challenger aims to serve the UK’s “mass affluent.” The digital-only bank is currently in the final stages of acquiring a banking… Read More
Read more in: Fintech, Global | Tagged affluent investors, city of london, digital bank, digital banking, london, mintoo bhandari, monument bank, neobank, niall booker, uk, united kingdom, wealthy
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