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Monzo reportedly in talks with CVC and Advent to sell up to 15% stake
Techmeme, citing the Financial Times, says Nubank takeover talks collapsed over the roughly £10 billion valuation Monzo sought.
TLDR
Techmeme, citing the Financial Times, reports that UK neobank Monzo is in talks with CVC and Advent to sell up to a 15% stake. The talks follow the collapse of takeover discussions with Nubank over the roughly £10 billion valuation Monzo sought.
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