Nubank in early talks to buy Monzo at about £10 billion valuation
Sky News said Monzo's board is exploring an acquisition by Nubank or a new funding round valuing Monzo at more than £8 billion.
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Monzo in talks to sell to Nubank at about £10 billion valuation, Sky News reports
Sky News reported the British digital bank could be valued at £8 billion to £10 billion. Reuters could not immediately verify the report.
Monzo in talks on sale to Nubank at about £10 billion valuation, Sky News reports
British digital bank Monzo is in talks about a sale to Brazil's Nubank that could value it at between £8 billion and £10 billion ($10.6-$13.25 billion), Sky News reported on Saturday.Reuters could not immediately verify the report.($1 = 0.7547 pounds)