Nubank in talks to buy Monzo at about £10 billion valuation, Sky News says
Monzo is also exploring a new funding round expected to value it at more than £8 billion.
25 billion), Sky News reported on Saturday. An acquisition by Nubank is one of two options Monzo's board is currently exploring, Sky News said, citing a source close to the process. The other option is a new funding round expected to value Monzo at more than £8 billion, with proceeds earmarked for a mainland European expansion, the report said. Monzo and Nubank declined to comment.
5 billion. 2 billion, according to its annual report. 5 billion in an employee share sale in October 2024, to investors including Singapore's sovereign wealth fund GIC and StepStone Group. com)