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- 1Nubank in early talks to buy Monzo for up to £10 billion▼Nubank is in early talks to buy Monzo at up to £10 billion
Brazilian digital bank Nubank is reportedly in early-stage talks to acquire UK challenger bank Monzo in a deal valued at up to £10 billion. If completed, the takeover would mark one of the largest acquisitions of a British fintech and would give Nubank a major foothold in the UK banking market. Analysts and investors are watching closely for confirmation from either company.
- 2Revolut Gains Argentina Banking Licence via Banco Cetelem Deal●Revolut Secures Argentina Banking License with Banco Cetelem Acquisition Approval
Revolut has secured approval to operate as a bank in Argentina, with regulators clearing its acquisition of Banco Cetelem, the local lender previously owned by BNP Paribas. The move gives the UK fintech a full banking licence in one of Latin America's largest markets, deepening its push into the region alongside rivals like Nubank. Analysts see it as a major step in Revolut's global expansion beyond its European base.