Monzo has also considered other options for liquidity, including the sale of a 15% stake to private equity firms. An acquisition at the rumored valuation would have provided a windfalls for early investors, including 2016 crowdfunders who could have seen returns as high as 65x their original investment.
Wednesday, October 21, 2026
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Nu Holdings Denies Reports of £10B Monzo Acquisition
Business20 days ago
The Brazil-based parent of Nubank is not seeking a buyout of the UK digital bank Monzo, according to a statement released on Sept. 30. The denial follows reports from Sky News and other outlets suggesting the two firms were in early discussions for a deal that would have valued the London-based lender between £8B and £10B.
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