Monzo unveils buy now, pay later product with £3,000 limit
The digital bank Monzo is muscling in on the UK’s booming “buy now, pay later” market and will be offering its customers credit limits of up to £3,000.
Monzo is one of the first UK banks to launch into the fast-growing but controversial BNPL sector, which is dominated by financial technology companies such as the industry leader Klarna and PayPal.
