Monzo reportedly in early sale talks with Brazil’s Nubank

Sky News reports that a sale could value Monzo at £8–10 billion and would rule out a near-term standalone London stock-market listing.

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A phone displaying the Monzo banking app and a Monzo advertisement.

TLDR

Sky News reported on September 26, 2026, that Monzo was in talks about a sale that could value it at £8–10 billion. That compares with a £4.5 billion valuation in an October 2024 employee share sale, Finimize says. Finimize, citing Sky News, also reports that Monzo’s board is weighing a new funding round to support expansion into mainland Europe; nothing has been agreed. City AM describes the Nubank talks as preliminary and reports that Monzo declined to comment, while Nubank said it does not comment on rumours or speculation.

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Monzo Bank is in early discussions about a possible sale to Brazil’s Nu Holdings, according to a Bloomberg report that cites Sky News. Nu Holdings operates the digital bank Nubank.

The talks remain preliminary. Sky did not say where it obtained the information, and the report does not identify a proposed price, formal offer or agreement between the companies.

A funding round remains another option

Monzo is also considering raising new capital rather than selling, Bloomberg reports. That round would value the British digital bank at more than £8 billion, or about $10.6 billion, and would help finance further expansion across Europe.

The two possibilities point to a strategic decision that has not yet been made: bring in new investors while remaining independent, or pursue a combination with a larger digital-bank operator. Until either company confirms a transaction, the reported talks are best understood as one early option under consideration rather than a deal nearing completion.

Monzo reportedly in early sale talks with Brazil’s Nubank

TLDR

A funding round remains another option

Monzo reportedly in early sale talks with Brazil’s Nubank

12 Sources

Combined views

A funding round remains another option

Combined views

Sentiment

Summary

TLDR

A funding round remains another option

Sentiment

Summary

Sentiment

Summary

A funding round remains another option

Sentiment

Summary

12 Sources

12 Sources

12 Sources