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Monzo turns to PE after Nubank ends takeover talks

UK digital bank Monzo is stepping up discussions with private equity firms over a potential sale of a significant minority stake after Brazilian fintech Nubank abandoned talks over a potential…

  • Monzo seeks private equity firms to sell minority stake after Nubank talks end.
  • Company engages CVC and Advent International for up to 15% sale.
  • Nubank shifts focus to Brazil and US after valuation disagreements.

Apollo extends daily pricing across $850bn credit platform

Apollo has expanded its daily pricing initiative across its $850bn credit business, extending the information to investors in direct lending, asset-backed finance, multi-credit and opportunistic…

  • Apollo extends daily pricing to $850 billion credit business.
  • Asset-level pricing for qualifying funds to be available Oct 30th.
  • Initiative aims to enhance pricing transparency in private credit sector.

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