✉news BusinessStartups first seen 14 h ago, last 42 min ago, peak #6
Nubank in early talks to buy Monzo for up to £10 billion
Original: Nubank is in early talks to buy Monzo at up to £10 billion
Brazilian digital banking giant Nubank is reportedly in early-stage talks to acquire British challenger bank Monzo in a deal valuing the UK fintech at up to £10 billion. The potential acquisition would mark one of the largest cross-border deals in digital banking and a major expansion for Nubank into the European market, though no agreement has been confirmed.
Why now: A potential £10 billion takeover of a leading UK fintech by Latin America's largest neobank would reshape the digital banking landscape.
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- Nubank is in early talks to buy Monzo at up to £10 billion · Startup Fortune
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