Tagged: monument bank

March 26, 2026 @ 8:18 am By Omar Faridi  |  

Monument Bank has reportedly achieved a new milestone in UK finance by becoming one of the first the regulated institutions to tokenize retail customer deposits on a public blockchain. In collaboration with the Midnight Foundation, the Bank of England-authorized lender— which oversees roughly £7 billion… Read More

December 4, 2024 @ 8:29 am By Omar Faridi  |  

MORS Software, a firm focused on Treasury, ALM and Liquidity Risk Management solutions, is pleased to announce its latest partnership with Monument Bank, a digital bank based in the United Kingdom. This collaboration signifies Monument Bank’s adoption of MORS Treasury Management System, a solution designed… Read More

July 17, 2024 @ 7:45 am By Omar Faridi  |  

UK’s Monument Bank is pleased to announce that they have reached £3 billion in client deposits this morning, which is £1 billion more than just over ten weeks ago. Monument Bank claims that Q3 2024 is now “off to a fantastic start.” They further noted… Read More

May 1, 2024 @ 7:54 am By Omar Faridi  |  

Monument Bank is pleased to announce a significant milestone in their journey of growth. After reaching £1 billion in deposits on 3rd January this year, they have now reportedly “crossed the £2 billion mark in client deposits this morning, doubling their balances in less than… Read More

November 12, 2023 @ 1:15 pm By Omar Faridi  |  

Monument Bank is pleased to announce the successful completion of our Series B, raising $50 million (£40+ million). According to Monument Bank, the successful closure of this funding round “not only reaffirms their vision but also highlights Monument’s substantial and resilient growth amid persistent environmental… Read More

July 29, 2023 @ 10:11 am By Omar Faridi  |  

The Board of Monument Bank is pleased to confirm that regulatory approval has been confirmed for the appointment of Fiona Pollard as the successor to Niall Booker as Chair of Monument Bank. Monument Bank Limited is authorised by the Prudential Regulation Authority (PRA) and regulated by… Read More

January 26, 2023 @ 9:46 pm By JD Alois  |  

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

November 18, 2020 @ 10:37 pm By Omar Faridi  |  

UK-based Monument, a new all-digital bank for the mass affluent, will be working with Amazon Web Services, Accenture, Mambu, Persistent Systems, and Salesforce. These companies will be focused on helping Monument with developing its technology stack and infrastructure. Last month, Monument Bank acquired a banking… Read More

October 8, 2020 @ 8:57 am By JD Alois  |  

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

July 11, 2020 @ 12:05 pm By Omar Faridi  |  

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