✉news BusinessStartups first seen 16 h ago, last 9 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 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.
Why now: A potential multibillion-pound fintech acquisition involving two of the best-known digital banks would reshape the UK banking market.
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- Nubank is in early talks to buy Monzo at up to £10 billion · Startup Fortune
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