Nu says it is not pursuing Monzo transaction amid media speculation
NU•Nu Holdings said it is not pursuing a transaction with Monzo, while reiterating that it routinely evaluates partnerships, investments and acquisitions.
1. Nu rejects deal speculation
Nu Holdings rejected media speculation about a potential deal with Monzo, stating it is not pursuing a transaction. The company said its strategic focus remains Brazil expansion, scaling Mexico and Colombia, and building a broader presence through Nu Global; its capital allocation framework is unchanged.
