Monzo in talks with CVC and Advent to sell up to 15% stake
UK neobank Monzo is in talks with CVC and Advent to sell up to a 15% stake, after takeover talks with Nubank collapsed over the ~£10B valuation Monzo sought. The 11-year-old fintech is seeking growth capital after a bruising year of boardroom tussles.
- Monzo is negotiating with CVC and Advent to sell up to a 15% stake
- Nubank takeover talks collapsed over Monzo's ~£10B valuation
- The UK fintech is seeking growth capital after a difficult year
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