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BREAKING. Nubank is going after the British Nubank

O Nubank está em conversas preliminares para adquirir o Monzo, um banco digital britânico com 16 milhões de clientes. A notícia saiu primeiro na Sky News e foi confirmada pelo Financial Times e pelo Brazil Journal. Se concluída, a operação deve envolver dinheiro e ações, e pode avaliar o Monzo entre £ 8 bilhões e […] The post BREAKING. Nubank vai atrás do Nubank britânico appeared first on Brazil…

Translated from Portuguese Read in Portuguese

BREAKING. Nubank is going after the British Nubank

Nubank is in preliminary talks to acquire Monzo, a UK digital bank with 16 million customers. The deal, if completed, would involve cash and shares, and could value Monzo between £8 billion and £10 billion. Monzo, which was valued at £5.2 billion in 2024, is also exploring other options, including selling a 15% stake to venture capital funds or listing on the London Stock Exchange. The bank, led by CEO Diana Layfield, reported revenue of £1.7 billion and a pre-tax profit of £172.6 million in the year to March.

Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at braziljournal.com →

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