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October 1, 2026

Nubank halts Monzo acquisition talks after sales plunge

The sale would have valued the London-based fintech at between £8bn-10bn

Monzo’s negotiations for a potential acquisition by Brazilian banking giant Nubank have reportedly been scrapped, less than a week after news of the talks emerged.

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Damisola Sulaiman

Damisola Sulaiman is Sifted's fintech reporter, based in London. She writes Sifted's weekly Fintech newsletter . You can find her on LinkedIn

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