Financial Times · Laith Al-Khalaf ·

Monzo is in talks to be acquired by Nubank parent Nu Holdings in a deal valuing it at £8B-£10B; Monzo also discussed selling a ~15% stake to PE firms

UK fintech is also in discussions with private equity about selling a significant stake in the business

In this story Monzo Nubank Nu Holdings

Monzo is in talks to be acquired by Nubank parent Nu Holdings in a deal valuing it at £8B-£10B; Monzo also discussed selling a ~15% stake to PE firms

Lead Source

Financial Times — Monzo is in talks to be acquired by Nubank parent Nu Holdings in a deal valuing it at £8B-£10B; Monzo also discussed selling a ~15% stake to PE firms ↗

How this story grew

Coverage · 0 Discussion · 0

Sep 26Sep 28

More

Telegraph: Telegraph

GB News: GB News

City A.M.: City A.M.

Finimize: Finimize

Bloomberg: Bloomberg

Sky News: Sky News

Reuters: Reuters

Related stories

Financial Times: UK neobank Monzo is in talks with CVC and Advent to sell up to a 15% stake, after Nubank takeover talks collapsed over the ~£10B valuation Monzo sought

Bloomberg: Royal Bank of Canada and Bank of Montreal agree to sell payments company Moneris to PE firm Francisco Partners for CA$2B in cash, splitting proceeds equally

Business Insider: Hugging Face is exploring a sale that could value it at $13B+, up from $4.5B in 2023, and has been working with a bank to evaluate bidders' interest

Wall Street Journal: PayPal is in talks to sell itself to a group including Stripe and Advent, which proposed paying $60.50/share in July; PayPal is seeking a higher price

Wall Street Journal: Betaworks has a 5.5% stake in Hugging Face, worth ~$650M at its $11.9B acquisition price for stockholders; A.Capital says it could bag $1.5B on the sale

Discuss with AI

ChatGPT ↗ Claude ↗

← Back to TechSnif