Nubank reportedly in early talks to acquire Monzo
The discussions reportedly value the UK digital bank at £8–10 billion. Monzo is also said to be exploring alternative funding or private-equity stake sales.
TLDR
Brazil’s Nubank is reportedly in early-stage discussions to buy Monzo at a valuation of £8–10 billion. Monzo, said to have 15 million-plus customers, is also reportedly exploring alternative funding or private-equity stake sales.
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