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Advent International
Trends
- 1Nubank reportedly in early talks to acquire Monzo▼Nubank is reportedly in early stage talks with Monzo for a full takeover, while Advent International has been named one
Reports say Brazilian digital bank Nubank is in early-stage talks with UK challenger bank Monzo over a potential full takeover, while private equity firm Advent International has been named among several buyout firms interested in taking a minority stake. The news would mark a major move in UK fintech if talks progress, and observers are weighing what foreign ownership could mean for Monzo's future.