FinanceSiftedabout 2 hours ago
Monzo £10bn Nubank Sale Talks Spark UK Tech Exit Fears
3 min read
Monzo is in talks over a potential £10bn sale to Brazilian digital bank Nubank, reigniting concerns about UK tech companies being acquired by foreign buyers. The UK fintech has over 10 million customers and recently reported its first annual profit. Past exits like DeepMind and Arm have fuelled the debate over Britain's ability to retain its tech champions.
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