Sources: Monzo is in talks to be acquired by Nubank parent Nu Holdings in a deal valuing it at £8B-£10B; Monzo also discussed selling a ~15% stake to PE firms (Laith Al-Khalaf/Financial Times)

Monzo is negotiating a potential acquisition by Nu Holdings, the parent company of Nubank, with a valuation between £8 billion and £10 billion. In parallel, Monzo has discussed selling roughly 15 percent of its shares to private-equity firms. The deal would combine Monzo’s UK banking platform with Nu Holdings’ broader fintech reach.