Daily News

Monzo Turns to a 15% Stake Sale

Monzo Seeks New Investors

Hey Digital Banking Fanatic!

I know, more Monzo talk.

But the story has taken another turn.

The UK digital bank is looking to sell up to a 15% stake to private equity, just days after Nubank walked away from takeover talks that could have valued it at up to £10 billion.

Monzo is already talking to firms including CVC and Advent International about taking a stake in the business. Instead of selling the whole company, this would bring in a new investor and a sizeable amount of cash to fund its growth.

But there’s still another option on the table: a traditional funding round from venture capital investors.

For now, private equity seems to be the route the board prefers.

A few days ago, Monzo was heading toward a potential £10bn takeover. Now it’s looking for a new investor instead. Quite a week.

Here’s what else is happening in digital banking today👇 See you tomorrow!

Cheers,

Marcel

INSIGHTS

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NEWS

🇬🇧 Monzo explores private equity options, after Nubank deal falls through. Monzo held early talks with CVC and Advent International about selling up to 15%. Nubank talks ended over Monzo's valuation of up to £10 billion.

🇭🇺 Revolut users in Hungary face new restrictions, as currency exchanges could be suspended. From 3 December 2026, Revolut may pause exchanges during extreme rate moves or system failures. Some transfers needing currency conversion could also fail.

🌎 Nubank bets on AI to scale global compliance, rolling out Cardamon's platform across all its markets. Cardamon says it maps regulatory positions up to 20 times faster than legacy systems. Nubank serves more than 140m customers globally.

🇪🇬 EBank deploys IBM watsonx for data governance, with implementation by IBM partner MegaSoft. The deployment ran on premises and took three to four months. Automated rules replaced manual checks and flagged unmasked sensitive data.

🇦🇺 Australia's WeMoney launches an AI and open banking powered lending assessment service. The service combines AI and open banking data to assess lending. The launch applies to lending assessment in Australia.

🇬🇧 Brite Payments launches Pay by Bank in the UK, after securing an EMI licence from the FCA. A survey of 2,000 UK adults found 47% of shoppers suffer checkout rage online. 23% have abandoned a purchase to avoid finding their physical card.

🇪🇺 ECB outlines three models for bringing central bank money on-chain, covering direct issuance of tokenized reserves, bridging existing payment systems with DLT platforms, and tokenizing reserves through private intermediaries. The approaches could enable DLT-based transactions in tokenized securities, deposits, and stablecoins to be settled in central bank money. Each model assigns a different role to the central bank and private sector.