Monark Receives Regulatory Approval to Operate as a Broker-Dealer, Raises $2.2M Bringing Total Funding to $3.6M

Monark, a fintech startup, has obtained regulatory approval as a broker-dealer and secured $2.2M in funding, bringing its total funding to $3.6M. The Seed Round led by Garuda Ventures and other investors marks a significant milestone for Monark, positioning them to be a category leader in the capital markets ecosystem.