✉news BusinessStartups first seen 5 h ago, last 34 min ago, peak #7
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 UK challenger bank Monzo in a deal that could value the British fintech at up to £10 billion. The move would mark one of the largest cross-border fintech acquisitions and expand Nubank's push into the European market. No agreement has been confirmed, and terms may still change.
Why now: A potential takeover of a leading UK challenger bank by Latin America's biggest neobank would reshape the fintech landscape.
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- Nubank is in early talks to buy Monzo at up to £10 billion · Startup Fortune
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