Skip to main content
See every side of every news story
Published • loading... • Updated

Nubank Is Reportedly Eyeing a British Digital Bank. Its Stock Plummeted.

Summary by IBTimes
The Brazilian bank could acquire Monzo Bank, which has more than 16 million customers in Europe.

9 Articles

The possibility that the Nubank acquires the British fintech Monzo did not fall well among the investors, before the assessment that the operation, in the terms advanced, will come out very expensive, in addition to the challenges of operationalization, at a time when the digital bank is entering the United States. At around 4:40 pm, the papers of the Nubank [...] The post Nubank looks at an acquisition in the 5th anniversary of the Revolution. …

Read Full Article

Nubank's action falls more than 8% today in Nasdaq after news that the digital bank is negotiating the purchase of the British Monzo Bank – a transformational transaction for Brazilian fintech, but that would carry relevant execution risks. With today's fall, Nubank is worth $60 billion in Nasdaq. [...]

The Nu Holdings shares go through a marked phase of technical weakness. The price dropped to $12.46, under bearish regime on all monitored timeframes. The stock exchanges under the main moving averages while the market assesses the possible acquisition of Monzo Bank. Rothschild Redburn confirmed the Buy rating, creating a contrasting [...]

The report notes that contacts with private equity firms have been initiated to probe the sale of up to 15% stake in Monzo

·Bogota, Colombia
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources are Center
100% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Blockonomi broke the news on Monday, September 28, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal