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Nubank in Talks to Acquire Monzo for up to $13.25B, Entering UK/Europe
La RepúblicaLO·BR · GB · US·2 days ago
Nubank shares fell 8.53% on Monday following weekend rumors of a potential merger with British fintech Monzo. The deal would expand Nubank's presence in the UK and Europe, intensifying competition with Revolut. The drop reflects investor concerns over deal risks and dilution, though the merger is unconfirmed.