Monzo in talks to be acquired by Nubank parent Nu Holdings at £8B–£10B valuation

UK fintech Monzo is in talks to be acquired by Nu Holdings, the parent company of Nubank, in a deal valuing it at £8B–£10B. Monzo has also discussed selling a roughly 15% stake to private equity firms.

• Monzo could be acquired by Nu Holdings for £8B–£10B
• It also discussed selling a ~15% stake to PE firms
• Nu Holdings is the parent company of Nubank