Why a Nubank-Monzo deal could make financial sense
The $59 bln Brazilian neobank may acquire the UK fintech for up to $13 bln, per news reports. Nu's shares slid 10%, which seems unfair. A deal would give it a longer growth runway. And, perhaps surprisingly for a sector where profits were once hard to find, the returns add up.
Read in depth: Business
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ReutersSource headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-09-30. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.