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Nu said in a filing with the Securities and Exchange Commission that the company “is not pursuing a transaction with Monzo.”
GRAND CAYMAN, Cayman Islands, September 30, 2026--Nu Holdings Ltd. (NYSE: NU) ("Nu" or the "Company") refers to recent media reports regarding a potential transaction. As a matter of general practice, the Company does not comment on specific opportunities. However, given the extent of recent media speculation, the Company is providing this clarification: while we have a great deal of respect for Monzo, the Company is not pursuing a transaction with Monzo.
Image courtesy of Monzo The possible sale of UK neobank Monzo has revived fears that Europe is losing another homegrown success story to acquirers outside the region, as non-European investors account for an increasing share of VC-backed acquisitions. Over the weekend, reports emerged that Monzo was in discussions with New York-listed Nu Holdings, the parent company of Brazilian neobank Nubank, about a sale that could value the startup at up to £10 billion (about $13.3 billion). Last valued at £
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