Key facts
- Advent International is reportedly exploring acquiring a stake in UK digital bank Monzo.
- Advent International is in discussions for a potential $10 billion stake in Brazilian fintech Nubank.
Advent International, a prominent private equity firm, is reportedly considering a move to acquire a stake in the UK-based digital bank Monzo. This potential investment in Monzo occurs concurrently with ongoing discussions by Advent to acquire a significant stake in Nubank, the Brazilian fintech behemoth. The proposed deal for Nubank is reportedly valued at approximately $10 billion, underscoring the scale of Advent's ambitions in the global fintech sector.