Our team takes great pride in the work we do, and last night we received an award that truly reflects our dedication to creating an effortless app experience for our clients. A huge congratulations to our Tech Team for winning the prestigious "Tech Team of the Year - Mobile App Team" at the #BankingTechAwards2024! We’re all incredibly proud of what you’ve achieved.
Monument
Financial Services
London, England 5,604 followers
We're a bank that understands wealth means more than money. It's about the rewarding life it helps you live.
About us
Monument is the UK's first challenger bank tailored for mass affluent clients - professionals, entrepreneurs and more. Since 2021, we've been redefining banking for our clients with exceptional client service, straightforward savings and a Membership service to grow and enjoy your wealth - all within one app. Trusted with £4 billion in savings, we are regulated by the Financial Conduct Authority and Prudential Regulation Authority and protected by the Financial Services Compensation Scheme (up to £85,000). For client enquiries, visit https://www.monument.co/contact-us
- Website
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https://www.monument.co/
External link for Monument
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- London, England
- Type
- Privately Held
Locations
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Primary
33 Cavendish Square
London, England W1G 0PW, GB
Employees at Monument
Updates
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Consider it done…. Introducing our most requested product – the Easy Access Cash ISA. Our first ISA is designed with our clients in mind, offering the flexibility and control they need to make the most of their tax-free savings. Here’s what our ISA offers: • A competitive rate of 4.76% AER (variable) • Flexible withdrawals - freedom to withdraw and replace funds within the same tax year. Without impacting your £20,000 ISA allowance • No penalties to interest, no lock-in periods – withdraw your savings as often as you like, with no hidden fees or penalties on the interest rate Saving tax-free with us has never been easier! Learn more: https://lnkd.in/eZJMNbAj Eligible savings are protected up to £85,000 by the Financial Service Compensation Scheme (FSCS). 18+ UK residents, terms and conditions apply.
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We’re proud to share that our Development Team has been Highly Commended in the Development Team of the Year category at the #UKITAwards. Congratulations to the team for their dedication to delivering the best product experience for our clients. This recognition is a testament to their hard work and truly well-deserved!
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We’re pleased to share that client deposits have grown by another £1 billion, bringing the total to £4 billion. That’s an increase of 500% in 12 months and over 2,000% in 18 months! This progress is only possible thanks to the trust our clients place in us - a trust we deeply value and never take for granted. Our mission has always been to reimagine banking for the mass affluent, focusing on straightforward savings, innovative wealth-tracking tools and curated lifestyle experiences that help our clients enjoy their every day. 2024 has seen fantastic growth for us, and we’re just getting started. In the coming weeks, we’ve got some exciting announcements with more products and services focused on helping our clients build lasting wealth and enjoy it. We look forward to sharing more soon…
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You may have spotted us last week in Tech Nation’s #FutureFifty report. We’re honoured to be part of such a strong 2024 cohort, alongside the UK’s most promising tech companies. We want to thank Tech Nation and the Future Fifty team for their ongoing support. We’re looking forward to what’s next and helping more of the UK save, grow, and enjoy their wealth. Read the report: https://lnkd.in/e4tEkpYD
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We’ve won an award! We’re excited to share that we’ve won the 2024 Cloud Excellence Award for "Best Cloud Project in the Technology Sector" alongside our partners at Persistent Systems. Our cloud-first philosophy sets us apart, and this award reflects our commitment to delivering the best experience for our clients. A huge thank you to our incredible technology team and our partners at Persistent Systems for making this possible.
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We’re thrilled to share that Monument has been nominated for the Finder People’s Choice Award! This recognition is special to us because it’s decided by public vote, and we’d truly appreciate your support. Every vote makes a difference, and with your help, we can win. Cast your vote through the link below, and you’ll also be entered into a prize draw to win £800. https://lnkd.in/eeVpS-DH
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We're incredibly proud to announce that we have reached £3 billion in client deposits this morning, which is £1 billion more than just over ten weeks ago. Q3 is off to a fantastic start! We have doubled our client base in just under six months, and importantly, our client satisfaction score (NPS) remains at a record high. Also, our newly launched Trustpilot page has achieved a rating of "Excellent" within three weeks. This growth is a testament to our clients, who trust us with their savings and champion us at every opportunity. We sincerely appreciate their support—a huge thank you from all of us at Monument.
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We’re proud to share that The Times has named Monument as one of the Best Places to Work 2024. This recognition highlights the very best of British workplaces, celebrating those who excel in creating supportive and enriching environments for their employees. A huge thank you to all our wonderful team members. This award truly reflects the exceptional culture we've all created. Your passion, enthusiasm and commitment have made a real impact, and we are all incredibly proud of what we are accomplishing together. #STBPTW #fintech https://lnkd.in/eQH-Y-aq
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Today, we are thrilled to announce a significant milestone in our journey of growth. After reaching £1 billion in deposits on 3rd January this year, we successfully crossed the £2 billion mark in client deposits this morning, doubling our balances in less than four months. Thank you, everyone, for supporting our journey to date, and congratulations to the Monument team on this monumental achievement!