Monzo-Nubank talks could value Monzo at £10bn
Nubank early-stage talks could value Monzo at £8bn-£10bn, more than double its £4.5bn October 2024 share-sale valuation; a Europe funding round is also under review.
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About Nubank
Nubank, doing business outside of Brazil as Nu, is a Brazilian neobank headquartered in São Paulo, Brazil. Although it is not formally part of Brazil’s National Financial System, Nubank operates as a financial and payment institution regulated and supervised by the Central Bank of Brazil. It is the largest fintech bank in Latin America, with more than 140 million customers between Brazil, Mexico, Colombia and the United States and a revenue of $16 billion. At its initial public offering in December 2021, Nubank was valued at $45 billion.
Everything about Nubank →- Country
- Brazil
- Headquarters
- São Paulo, Buenos Aires, Mexico City, Berlin
- Inception
- May 6, 2013
- Website
- https://nubank.com.br, https://nu.com.ar/, https://nu.com.co/, https://nu.com.mx/