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Nubank in talks to buy British fintech Monzo for up to £10bn

Valuation details confirmed at £8bn–£10bn (US$10.6bn–US$13.2bn)

2 Yesterday 4:29 AM · 1d ago · 5 articles · 2 sources · development 2 of 3

Rio Times reports Sky News's valuation range, noting that neither bank has confirmed the talks and no agreement has been announced. The range is roughly double Monzo's last disclosed valuation of £4.5bn from October 2024.

Valuation details confirmed at £8bn–£10bn (US$10.6bn–US$13.2bn)
Rio Times

“Neither bank has confirmed the talks, and no agreement has been announced. If one were struck, it would be the largest purchase of a British bank by a Latin American company.”

Rio Times · rss ↗

Monzo British digital bankNubank Brazilian digital bankPrudential Regulation Authority UK banking regulatorFinancial Conduct Authority UK financial regulator

The whole story articles the bright band is this development · numbered dots are the others · click one to jump

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1Sky News reports Monzo in talks with…2–3Valuation details confirmed at £8bn–£10bn…
yesterdaytodaynow · 6:31 PM ET

What was reported 1 claim about this development

  1. 2 outlets Monzo in Talks on Possible Sale to Brazil’s Nubank, Sky Reports

    first by Bloomberg.com, 1d ago · also Rio Times

    1 more headline

All 3 developments of Nubank in talks to buy British fintech Monzo for up to £10bn →

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