Analysis

September 20, 2021

Neobanks gamble with buy-now pay-later — but will it make them money?

Monzo has just launched its Flex product. But its setup means this is broadly an engagement play, not a commercial one.


Isabel Woodford

7 min read

Mix the two hottest fintech trends, and what do you get — neobanks doing buy-now pay-later (BNPL).

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buy now pay later
Monzo's new Flex interface
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TS Anil, Monzo's Chief Executive Officer. He took over the top job last year, replacing founder Tom Blomfield.
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