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Monument

We're a bank that understands wealth means more than money. It's about the rewarding life it helps you live.

Founded 2017 United Kingdom London, United Kingdom 113 employees Series B Total: $68.00M Financial Services

General Information

Company Name Monument
Founded Year 2017
Location United Kingdom London, United Kingdom
Employees 113
Industries Financial Services
Funding Stage Series B
Social

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About Monument

Monument is a UK-based challenger bank established in 2017, with a focus on serving mass affluent clients - including professionals and entrepreneurs. The company's slogan "We're a bank that understands wealth means more than money. It's about the rewarding life it helps you live," reflects its commitment to providing a holistic approach to wealth management. The bank offers a range of services, including exceptional client service, straightforward savings, and a Membership service, all accessible through a single app. With over £5 billion in savings, Monument has gained the trust of its clients and is regulated by the Financial Conduct Authority and Prudential Regulation Authority, offering protection through the Financial Services Compensation Scheme (up to £85,000). The latest investment, a £40.00M Series B investment on 08 November 2023, was made by Dubai Investments PJSC, signaling confidence from international investors. As a company operating in the Financial Services industry, Monument is well-positioned to capitalize on the growing demand for personalized banking solutions. Its strong regulatory standing, substantial client savings, and recent significant investment make Monument an intriguing player to watch in the evolving fintech landscape. For further inquiries, interested parties can visit Monument's contact page.

Business keywords: Challenger bank, Mass affluent clients, Client service, Savings, Wealth management, Membership service, Regulated, FCA, PRA, Financial services, Property investment

Services & Products

provision of savings accounts and wealth management services through a digital platform

Target Customers

individuals seeking higher returns on savings personalized wealth management and excellent customer service

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series B £40.00M 1
Dubai Investments PJSC
08 Nov 2023
Funding Round Undisclosed 1
Dubai Investments PJSC
26 Jan 2023
Series A £28.00M 4
Harry Handelsman, Morningside Venture Investments +2
25 Feb 2021
Seed Round Undisclosed 1
AngelBay
01 Jan 2019

Monument Alternatives & Competitors

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Monument vs
Strowz
Strowz United Kingdom

Strowz is an all-in-one financial lifestyle App to help you save, invest and grow your money to live...

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AFH Financial Group was founded in 1990. Our brands include AFH Wealth Management, AFH Private Wealt...

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Monument vs

B-North aims to become a bank and is seeking authorization while offering borrowing and savings prod...

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FAQ About Monument

We're a bank that understands wealth means more than money. It's about the rewarding life it helps you live.
Monument was founded in 2017.
Monument is headquartered in London, United Kingdom.
Monument operates in Financial Services. Its work centres on Challenger bank, Mass affluent clients, Client service and Savings. Its customers include individuals seeking higher returns on savings, personalized wealth management and and excellent customer service.
Monument has approximately 113 employees.
Monument has completed 4 funding rounds, raising a total of $68.00M. The latest funding stage is Series B.
Monument offers: provision of savings accounts and wealth management services through a digital platform.
Top alternatives and competitors to Monument include Strowz, AFH Financial Group LTD, B-North, HFS Wealth Management, T8. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Monument and Strowz are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Monument, https://bouncewatch.com/company/monument-4, updated 25 February 2025. When citing, please name BounceWatch and link this page.

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