Deal History
Acquirer: Nubank
Nubank is in discussions to acquire UK-based digital challenger bank Monzo in a deal valued at approximately £10 billion.Summary of transaction details:Value: £10 billionSector: FintechAdvisor: Not disclosedKey Entities: Monzo, NubankLocation: United Kingdom / BrazilNote: The proposed takeover would unite Latin America's largest fintech with one of the UK's premier digital banks, offering Monzo an alternative route to scale amid a challenging environment for London public listings.
Acquirer: Nubank, Advent International
Digital bank Monzo is currently engaged in early-stage discussions with both Brazilian digital bank Nubank and private equity firm Advent International regarding a potential sale or significant investment, which could value the UK bank at up to £10 billion.Summary of transaction details:Value: Up to £10 billion (between £8bn and £10bn)Sector: Fintech (Digital Banking)Advisor: Morgan Stanley, QatalystKey Entities: Monzo (Target), Nubank (Potential Acquirer/Investor), Advent International (Potential Acquirer/Investor)Location: UK (Monzo), Brazil (Nubank), USA (Advent International)Note: The article indicates that discussions are ongoing for both an M&A exit and a venture capital-led investment, with a deal possibly leading to Monzo's acquisition by Nubank or a significant private equity investment from Advent International to fuel its European expansion.
Acquirer: Nubank
UK digital bank Monzo is in early discussions regarding a potential acquisition by Brazilian fintech leader Nubank (Nu Holdings) for a valuation between £8bn and £10bn.Summary of transaction details:Value: between £8bn to £10bnSector: FintechAdvisor: Morgan Stanley and QatalystKey Entities: Monzo, Nubank (Nu Holdings)Location: London, United KingdomNote: The transaction would give Nubank a full UK banking licence and access to Monzo's 16 million customers as it expands into Europe, while offering Monzo an alternative exit to an initial public offering.
Investor: Hedosophia, Government Investment Corporation (GIC)
Investor: GV (Google Ventures), Tencent, CapitalG, HSG (HongShan Capital), Passion Capital
Investor: Tencent
Investor: Coatue, Alpha Wave Ventures, Abu Dhabi Growth Fund, Goodwater Capital, Accel
Investor: Y Combinator
Investor: General Catalyst, Accel
Investor: Thrive Capital, Orange Digital Ventures, Goodwater Capital, Stripe, Passion Capital
Investor: Crowdcube
Investor: Orange Digital Ventures, Passion Capital, Thrive Capital
Investor: Passion Capital
Investor: Passion Capital, Crowdcube
Investor: Passion Capital, Jeremy Yap
Funding Timeline
Financial History
Sign in to view financial history
Sign inDirectors & Officers
Sign in to view directors and officers
Sign inCompanies House
- Company Number
- 14728667
- Status
- Active
- Registered Address
- 36 Ravensdale Road, London, N16 6SH, England
- SIC Codes
- 68100
- Persons with Significant Control
- David Honigownership of shares 25 to 50 percent, voting rights 25 to 50 percent, right to appoint and remove directorsMr Aaron Sternownership of shares 25 to 50 percent, voting rights 25 to 50 percent, right to appoint and remove directors
Company News
Sign in to view company news
Company Website
Sign in to view