Nu Holdings had formally denied seeking an acquisition of the digital lender on Sept. 30. Had a full takeover occurred at the rumored price, early backers including some 2016 crowdfunders could have realized returns as high as 200x their original investment. This new minority sale would provide an exit for employees and investors who lack a public market for their shares while the bank considers expansion into mainland Europe.
Tuesday, October 20, 2026
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Monzo Negotiates 15% Stake Sale to CVC and Advent after Nubank Deal Fails
Startups16 days ago
The London-based neobank is pursuing alternative paths for shareholder liquidity following the breakdown of takeover talks with Brazil's Nu Holdings. Monzo is now in discussions to sell a minority interest of up to 15% to private equity firms CVC and Advent, according to reports from the Financial Times. The previous negotiations with the parent company of Nubank reportedly collapsed because Monzo sought a valuation of approximately £10B.
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