Monument

16 results about this entity

Period: 06 Jul 2020 - 06 Nov 2024

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Monument Technology grows leadership team

Monument Technology, the cloud based, end-to-end Banking-Platform-as-a-Service (BPaaS) provider, is pleased to announce the appointments of Diptesh Mishra as Chief Technology Officer (CTO) and Nick Lawler as Chief Commercial Officer (CCO).

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Ecology Building Society to adopt Monument Bank's core banking platform

Monument Technology and Ecology Building Society are pleased to announce a new partnership to transform the mutual’s core banking platform, improving service for Members and efficiency across the business.

/wealth

Monument hits $2 billion in customer deposits

Monument (or the “Bank”) proudly announces a significant milestone in its journey: it has reached £2 billion in customer deposits and interest-bearing assets, with £1 billion raised in just four months, from January to April 2024.

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Dubai Investments increases stake in Monument Bank

Dubai Investments, the leading investment company listed on the Dubai Financial Market [DFM] has acquired additional 7.68% equity stake in Monument Bank Limited, a UK Based Digital Bank regulated by the Financial Conduct Authority (UK) and the Prudential Regulation Authority (UK) further increasing the Group’s holding in the Bank from 9.25% to 16.93%.

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Monument Bank adds Notice Accounts to its offering

Monument (or the “Bank”) announces the expansion of its savings proposition with the launch of its new Notice Accounts. The introduction of this product follows feedback from the Bank’s savings clients, largely mass affluent individuals, who value a wide range of product options to fit their various savings goals, with greater flexibility. This launch is a further addition to the suite of savings products already offered by the Bank which includes Easy Access Savings and a range of Fixed Term Deposits.

/people

Fiona Pollard appointed chair of Monument Bank

The Board of Monument Bank is pleased to confirm that regulatory approval has been confirmed for the appointment of Mrs Fiona Pollard as the successor to Mr Niall Booker as Chair of Monument Bank.

/retail

Dubai Investments buys stake in UK digital bank Monument

Dubai Investments has acquired a nine per cent stake in Monument, a digital banking startup targeting the UK's mass affluent market. Terms were not disclosed.

/retail

Monument CEO Ian Rand on the mass affluent lending revolution

UK digital bank Monument takes advantage of new opportunities emerging in digital banking by focusing on providing complex services backed by new technologies. Finextra spoke to CEO Ian Rand to explore the new services the bank is developing, the future of financial services, and catering to the mass affluent.

/retail

Monument launches five year fixed-term deposit savings product

Accessible via its iOS and Android app, Monument has launched a new 5 year Fixed-Term Deposit savings product which offers an annual fixed interest rate of 2.20 percent Gross/AER, believed to be the highest available in this category at the time of launch. Monument first released its app and entered into the savings market in December 2021.

/people

Monument appoints former Barclays exec Ian Rand as CEO

Ian Rand, former CEO of Barclays Business Banking, has been appointed chief executive officer of Monument, a digital banking startup for the well-heeled.

/startups

Neobank for the mass affluent Monument set to launch

Monument, a digital banking startup for the well-heeled, is set to launch in the UK as a fully-licenced deposit-taking institution following the lifting of regulatory restrictions by the Financial Conduct Authority.

/startups

Monument confirms £28 million fund raise

Monument, a digital banking startup for the well-heeled, has landed £28 million in new funding from existing backers and a trio of angel investors.