UK challenger Monument partners Persistent to build digital banking platform
Persistent’s “building block” approach will allow the challenger to add new SaaS components as required.
Persistent’s “building block” approach will allow the challenger to add new SaaS components as required.
Ex-Barclays Ian Rand is Monument’s new chief executive officer.
FinTech Futures takes a look back at some of the year’s top new fintechs and neobanks.
The neobank landed an authorisation with restriction (AWR) banking licence in October 2020.
Three UK banking services start-ups have landed investment recently.
“Monument concluded that no appropriate single solution existed”.
Monument has raised £20 million to date.
“We never planned to launch a bank during a global pandemic,” says the CEO of Monument.
The fintech has raised £10 million to date.