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Fintech Insider Podcast by 11:FS
829. News: Capital One pursue $35bn Discover takeover, and what's Santander's beef with Nationwide?
Feb 26, 2024
Discover the latest in fintech news as Capital One eyes a $35 billion takeover of Discover. Delve into partnerships like OpenPayd and TrueLayer's collaboration and Rothschild's expansion into Saudi Arabia. Uncover the drama between Santander and Nationwide over a TV ad, and explore Monzo's valuation in a new funding round.
44:43
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Quick takeaways
- Monzo secures £4bn valuation in funding round, reinforcing its position as a leading challenger bank.
- Detected partners with Visa to streamline SME onboarding, enhancing efficiency for North American businesses.
Deep dives
Monzo secures funding to reach 4 billion valuation
Monzo is finalizing a deal for 350 million in new funding, increasing its valuation to over 4 billion pounds. With 9 million customers and recent hires in insurance and pensions, Monzo is solidifying its position as a leading challenger bank.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode