Security intervened in the field of financial technology after the acquisition of part of the British company Monumentally Bank

According to the holding company, the technology company offers a 100% digital experience to the segment of high-income professionals in the UK.

Important news brought results delivery to the third quarter of the group protection. this Thursday, hold local financier entrance FinTech business, with acquisition of a portion of Monument Bank’s holdings.

According to the information provided by the company in its justification, the bank has a recently approved license from the British regulator and It offers a 100% digital experience to the segment of high-income professionals in the UK.

“This investment will make it easier for Grupo Security, in partnership with Monument Bank, to explore alternatives that complement its Chilean business model and to explore alternatives in the region,” said company general manager Renato Pinavel.

“At the same time, it represents an opportunity to access the latest technologies and high standards in digital financial services,” the executive added.

profit increase

On the other hand, the security was reported to have generated a profit of $67,502 million at the end of the third quarter, representing a growth of 41.3% over the same period in the previous year.

Additionally, profits for the first nine months of the year were $65.146 million.

As reported by the group, two factors had an impact on the results: the performance of the subsidiaries and the cost savings and efficiency plan implemented by the company, which allowed it to reduce its total expenses by 10.2% as of September, compared to the same period last year.

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