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News 2026-09-29 10:49 UTC

Why a Nubank-Monzo deal could make financial sense

By Jennifer JohnsonThe $59 bln Brazilian neobank may acquire the UK fintech for up to $13 bln, per news reports. Nu's shares slid 10%, which seems unfair. A deal would give it a longer growth runway. And, perhaps surprisingly for a sector where profits were once hard to find, the returns add up.Ful…