Monzo in Talks on Sale to Nubank at About £10 Billion Valuation, Sky News Reports

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 [...]

Brazil's Nubank in Talks to Buy Britain's Monzo, Sky News Reports

Sky News says Brazil's Nubank is in talks to buy the British digital bank Monzo at a valuation of about US$10.6 billion to US$13.2 billion.

Monzo in talks on sale to Nubank at about £10 billion valuation, Sky News reports

Sept 26 (Reuters) - Brazil's Nubank is in early-stage talks with British digital bank Monzo about a potential combination that ​could value Monzo at between £8 billion ‌and £10 billion ($10.60 billion - $13.25 billion), Sky News reported on Saturday. •...

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.

Digital Bank Monzo In Talks About £10bn Tie-up With Brazil’s Nubank

Sky News has learnt that Monzo has been approached about a combination with Nu Holdings, which is listed on the New York Stock Exchange and has a market capitalisation of $65.5bn (£49.4bn). The discussions between Monzo and Nu Holdings are said to be at a relatively early stage, although the British company has engaged investment […]