Sources: Monzo is in talks to be acquired by Nubank parent Nu Holdings in a deal valuing it at £8B-£10B; Monzo also discussed selling a ~15% stake to PE firms
UK fintech is also in discussions with private equity about selling a significant stake in the business
Sources: Monzo is in talks to be acquired by Nubank parent Nu Holdings in a deal valuing it at £8B-£10B; Monzo also discussed selling a ~15% stake to PE firms
UK fintech is also in discussions with private equity about selling a significant stake in the business
Anthropic hires Tom Blomfield, a Monzo co-founder and one of the biggest names in UK tech, to join its compute team; he is taking a leave of absence from YC
The AI talent wars aren't letting up — and neither is Anthropic's big-name hiring spree. — The AI startup has hired Tom Blomfield …
Monzo reports FY 2026 revenue up 39% YoY to £1.7B, pretax profit up 44% YoY to £87.3M, users up 3M to 15M+, and deposits up 55% to £25.7B, as it expands lending
Monzo Bank Ltd. reported a 44% jump in profit in the year through March, as growth in lending lifted interest income.
London-based money transfer company Wise plans to launch UK bank accounts, joining an increasingly crowded market; Monzo reports 15M personal and business users
Wise Plc is rolling out everyday bank accounts in the UK as it seeks to take up more market share from longtime banks and other fintechs.