{
  "id": 10013657,
  "title": "BREAKING. Nubank vai atrás do Nubank britânico",
  "url": "https://urgent.news/2026/09/26/breaking-nubank-vai-atras-do-nubank-britanico",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-26T15:57:34.000Z",
  "source": {
    "name": "Brazil Journal",
    "slug": "brazil-journal",
    "url": "https://braziljournal.com/breaking-nubank-vai-atras-do-nubank-britanico/"
  },
  "original_language": "pt",
  "account": "Nubank is reportedly in preliminary talks to acquire Monzo, a digital bank based in the United Kingdom with 16 million customers. The news first emerged in Sky News and has been confirmed by the Financial Times and Brazil Journal. If the deal goes through, it could involve both cash and shares, potentially valuing Monzo at £8 billion to £10 billion. The transaction has not set a timeline for completion. Tom Oldman, the current CFO of Monzo, previously served as the head of global financial planning and analysis at Nubank from 2019 to 2023. Nubank, which recently entered the U.S. market, has also been scouting digital banks globally. In late 2024, David Velez, a Brazilian investor, invested $150 million in Tyme, a Singapore fintech operating in the Philippines and South Africa. Monzo, which is working with Morgan Stanley and Qatalyst to raise resources for expansion into continental Europe, is also considering selling up to a 15% stake to venture capital firms in a new round. A third option for Monzo, backed by the British government and London Stock Exchange, which has seen its largest companies list in the U.S., would be to raise capital in London or at least conduct a dual listing in London and New York. Monzo has gone through 11 rounds - from seed to Series I - attracting investors such as Alphabet, GIC, Tencent, Goodwater and Thrive. Founded in 2015 by Tom Blomfield, a British entrepreneur and co-founder of Y Combinator, the bank quickly became one of the 10 largest in the UK by digitalizing current accounts, credit and investments. Monzo also leads local rankings for customer service quality. Operating in England, Scotland, Wales and Northern Ireland, Monzo now has 16 million customers, consisting of 15 million individuals and 1 million PJs - and is now expanding to Ireland and Spain. The company competes with the dominant Revolut, which has 80 million customers in 40 countries. In its fiscal year ending in March, Monzo generated £1.7 billion in revenue, a 39% increase from the previous year; and made a pre-tax profit of £172.6 million, a 20% increase. Despite its growth, the fintech has irritated some shareholders by removing Anil TS, a senior executive with over 30 years of banking experience, from the CEO position at the beginning of the year. Gary Hoffman, the board president who removed Anil, was subsequently removed. Since February, the bank has been led by Diana Layfield, an executive with experience at Google and Standard Chartered, who closed Monzo's U.S. operation to focus on its European expansion and is also looking to diversify revenue sources. Recently, Monzo launched a mobile phone network that only operates with eSIMs.",
  "summary": "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…",
  "key_points": [
    "Nubank in preliminary talks to acquire UK digital bank Monzo",
    "Deal could value Monzo at £8 billion to £10 billion",
    "Nubank's CFO previously led Monzo's global financial planning"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}