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Evening Standard
Evening Standard
Business
Simon Hunt

London fintech Monzo preparing merger deal with Nordic rival Lunar

Lunar Monzo fintech London Europe

London fintech Monzo is preparing a bid to merge with its Nordic rival Lunar as it turbocharges its European expansion.

The mobile bank is holding discussions with Denmark-based Lunar over the terms of the deal, according to a report by Bloomberg. It is also considering other acquisitions in Europe.

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