UK, London-based neo-bank Monument has successfully raised more than $50 million in a Series B funding round. The funding, supported by a mix of existing and new investors, will fuel Monument's expansion initiatives to cater to the financial needs of mass affluent clients. Founded by Mintoo Bhandari and led by CEO Ian Rand, Monument, granted a full banking license in November 2021, aims to serve the UK's approximately 4.8 million professionals, entrepreneurs, and property investors, providing tailored banking solutions to help them grow and manage their wealth. The funding follows Monument's recent strategic partnership with Dubai Investments, signaling further growth in the neo-banking sector.