TechFinancial Times1h ago
UK neobank Monzo is in talks with CVC and Advent
Sources: UK neobank Monzo is in talks with CVC and Advent to sell up to a 15% stake, after Nubank takeover talks collapsed over the ~£10B valuation Monzo sought
TL;DRMonzo seeks new investors after failed Nubank merger talks collapse over valuation disagreements.
Why it matters: Shows consolidation pressure in fintech; investors increasingly skeptical of unicorn valuations.
Eleven-year-old UK fintech searching for growth capital after bruising year of boardroom tussles
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