Monzo in Talks on Sale to Nubank at About £10 Billion Valuation, Sky News Reports
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6 Articles
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 […]
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