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- 1Nubank in early talks to buy Monzo for up to £10 billion▼Nubank is in early talks to buy Monzo at up to £10 billion
Brazilian digital bank Nubank is reportedly in early-stage talks to acquire UK challenger bank Monzo in a deal that could value Monzo at up to £10 billion. The potential takeover would mark one of the largest acquisitions in the European fintech sector and a major expansion by Nubank into the UK market. Details of the discussions have not been confirmed by either company.