Digital Banking & NeobanksSourced news summary
Monzo Eyes VC Funding as Private Equity Talks Stall
Source: PYMNTS · · United Kingdom
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London-based digital bank Monzo is considering a funding round that would value it at 7.5 billion pounds (about $10.1 billion) after failing to secure a takeover by Nubank or a stake sale to private equity, The Financial Times reported Thursday (Nov. 5), citing unnamed sources.…Read the full story at PYMNTS
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