A report says the UK digital bank is in early discussions with Brazil's Nubank over a deal that could value it at £10bn.
Monzo is in early talks with Brazilian digital banking giant Nubank about a sale that could value the UK fintech at up to £10bn, according to a report from Sifted.
The report says the discussions are at an early stage, and no deal has been confirmed. Talks may still fall through.
If completed, the acquisition would bring together two prominent digital banks from the UK and Brazil.
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