Nu Holdings says no Monzo takeover plans
Nu Holdings, Nubank’s parent, said it is not pursuing a deal with U.K. digital bank Monzo, pushing back on takeover reports after the speculation sent Nu shares lower. The company said its focus remains on Brazil, Mexico and Colombia, alongside expansion in the U.S. and internationally; its shares rose after the clarification.
Business · 16 sources · Oct 2, 2026Read it
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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/