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Monzo in talks on sale to Nubank at about £10 billion valuation, Sky News reports
Source: reuters.com
M&A & RestructuringFintechBanking & Liquidity
Nubank is reportedly in early-stage discussions with UK digital bank Monzo over a potential combination valuing Monzo at £8 billion to £10 billion ($10.6 billion to $13.25 billion). A deal would represent a major cross-border fintech transaction, though talks remain preliminary and no agreement has been announced.
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