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Nubank Shares Tumble Over 8% on Rumors of Billion-Dollar UK Bank Acquisition

Brazilian fintech giant Nubank is reportedly in talks to buy UK challenger bank Monzo, sparking fears of a risky, high-priced strategy pivot.

By Marcus Wright

Published
Nubank Shares Tumble Over 8% on Rumors of Billion-Dollar UK Bank Acquisition
Illustration — BRZ.news

Brazilian fintech giant Nubank is reportedly in talks to buy UK challenger bank Monzo, sparking fears of a risky, high-priced strategy pivot.

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