Archive · 24 Jun 2025
Fintech Investors to Acquire Bank with Ties to Prince Andrew
A group of investors, including the co-founder of Monzo and Starling Bank, are planning to buy a bank in Monaco.
This bank, Banque Havilland, previously lost its European license due to problems with how it was managed.
The investors plan to turn the bank into a new financial technology company focused on managing wealth.
The original bank had connections to Prince Andrew.
The buyers are seeking regulatory approval from Monaco and France.
Last year, the original bank closed operations in some locations and is in the process of paying back its debts.
Fintech investors are set to buy Monaco-based arm of Banque Havilland.
The deal involves Jason Bates, Maksym Koretskiy, and Jim McColl.
The new owners plan to transform the business into a wealth-focused fintech company.
Banque Havilland lost its European license due to internal control concerns.
Prince Andrew has ties to the bank.
- Who
- Jason Bates, Maksym Koretskiy, and Jim McColl.
- What
- Fintech investors are purchasing the Monaco-based arm of Banque Havilland.
- When
- The acquisition is pending regulatory approval.
- Where
- Monaco
- Why
- To transform the business into a wealth-focused financial technology company.
- Bank Name
- Banque Havilland (Monaco unit)
- Proposed Buyer Group
- Jason Bates, Maksym Koretskiy, Jim McColl
- Former Owner
- Family of David Rowland
- License Status
- European license lost
- Planned Business Focus
- Wealth-focused fintech