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Monzo in talks over £10bn sale to Nubank in blow to IPO hopes
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Monzo in talks over £10bn sale to Nubank in blow to IPO hopes
Digital bank Monzo is in early discussions over a sale to Brazilian fintech giant Nubank, in a move that could crush hopes of the British firm listing on the London Stock Exchange. The UK fintech has been approached by US-listed Nu Holdings and is understood to have tapped bankers at Morgan Stanley and Qatalyst to [...]
26 Sept, 10:47
FT UK
Monzo in talks with Brazil’s Nubank about sale
UK fintech is also in discussions with private equity about selling a significant stake in the business
26 Sept, 09:01
Sky Business
Monzo in talks about multibillion pound sale to Brazil’s Nubank
Monzo, the digital lender whose rapid growth has turned it into one of Britain's biggest consumer banks, is in talks about a sale to Brazil's Nubank which could value it at between £8bn and £10bn.
25 Sept, 12:11
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