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Nubank Says It Has No Plans to Acquire Monzo

Source: PYMNTS.com•October 1, 2026

Nubank thinks highly of fellow digital bank Monzo but doesn’t want to buy it. The Brazilian lender made that pronouncement Wednesday (Sept. 30) in a securities filing, prompted by recent news reports that it was interested in acquiring the U.K.-based Monzo. “As a matter of general practice, the company does not c

Nubank thinks highly of fellow digital bank Monzo but doesn’t want to buy it. The Brazilian lender made that pronouncement Wednesday (Sept. 30) in a securities filing, prompted by recent news reports that it was interested in acquiring the U.K.-based Monzo. “As a matter of general practice, the company does not c

This story was curated by Paysonas from PYMNTS.com as part of our daily payment-industry briefing. Read the original article for full details.