Mmastodon BusinessBanking first seen 14 h ago, last 13 h ago, peak #4
Nubank denies rumors it plans to buy Monzo
Original: Nubank shuts down rumors it's buying Monzo Nubank filed a Form 6-K with the SEC this week to confirm that it is not plan
Nubank has filed a Form 6-K with the US Securities and Exchange Commission confirming it is not planning to acquire British digital bank Monzo. The Brazilian fintech moved to shut down speculation that followed recent media reports of a possible deal. The formal denial ends talk of a potential tie-up between two of the best-known names in digital banking.
Why now: Media reports of a possible Nubank-Monzo acquisition prompted a formal SEC filing denial that drew attention across the fintech and banking world.
NubankMonzoSecurities and Exchange Commission
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