Brazilian digital bank Nubank is reportedly weighing a bid for UK fintech Monzo, with the Financial Times saying a deal could value Monzo at up to £10 billion ($13.2 billion). Options under discussion include a cash-and-shares takeover valuing Monzo at £8–10 billion, a private equity sale of up to a 15% stake, or a venture capital-style funding round.Sources: pymnts
(opens in a new tab)