Fintech News

Monzo Weighs New Funding at £7.5 Billion Valuation as Buyout Talks Stall

Monzo is weighing a new funding round that would value the UK digital bank at around £7.5 billion, the Financial Times reported. A takeover by Brazil’s Nubank did not go ahead, and talks to sell a minority stake to private equity firms have stalled. Advent International, TPG and CVC were among the firms in those [...] The post Monzo Weighs New Funding at £7.5 Billion Valuation as Buyout Talks Stall appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

By Fintech News

1 min read
Monzo Weighs New Funding at £7.5 Billion Valuation as Buyout Talks Stall
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