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Nu Holdings to acquire Monzo for up to £10 billion

PRIVATESep 28, 2026

Acquiring Company

Nu Holdings

Acquired Company

Monzo Bank Ltd

New YorkLondonFinancial ServicesFinanceFintechLendingBankingFinancial ServicesFinanceFintechLendingBanking

Description

Nu Holdings is in negotiations to acquire Monzo in a deal valued between £8-10 billion. This acquisition comes as Monzo navigates the public markets and seeks to enhance its growth trajectory. The deal reflects the increasing interest in digital banking across global markets. Should the acquisition not proceed, Monzo is also exploring options for a minority stake sale.

Company Information

Company

Nu Holdings

Location

New York, New York, United States

About

Nu Holdings is a financial technology company that operates Nubank, Brazil's largest digital bank. It focuses on providing accessible financial services to consumers in Latin America. Nubank has revolutionized banking in Brazil, offering simple and transparent financial solutions. The company has attracted millions of users with its innovative approach.

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Frequently asked

Who acquired Monzo Bank Ltd?

Monzo Bank Ltd was acquired by Nu Holdings, based in New York. The deal was reported on September 28, 2026. Nu Holdings is a financial technology company that operates Nubank, Brazil's largest digital bank. It focuses on providing accessible financial services to consumers in Latin America. Nu Holdings is privately held and operates in Financial Services.

When did Nu Holdings acquire Monzo Bank Ltd?

Nu Holdings's acquisition of Monzo Bank Ltd was reported on September 28, 2026. Nu Holdings is in negotiations to acquire Monzo in a deal valued between £8-10 billion. This acquisition comes as Monzo navigates the public markets and seeks to enhance its growth trajectory. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Monzo Bank Ltd do?

Monzo Bank Ltd. is a digital finance firm with 11 million customers, mostly in the UK, and is pursuing growth in Europe and the US. It is privately held, operating in Financial Services, and is based in London.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.