Nubank halts Monzo acquisition talks after shares plunge
The sale would have valued the London-based fintech at between £8bn-10bn
Sifted AI2 min read
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The sale would have valued the London-based fintech at between £8bn-10bn
Talks over a potential £10bn sale of UK fintech darling Monzo to Brazilian digital banking giant Nubank have reignited a familiar debate: why does Britain struggle to keep hold of its most successful tech companies?
Monzo is in early talks with Brazilian digital banking giant Nubank about a sale that would potentially value the UK fintech at up to £10bn, reports suggest.
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