Monzo
Your new favourite bank.
Overview
Monzo is a digital, app-based bank that provides a range of financial services, including current accounts, savings, and investments. It also offers a buy now, pay later feature called Monzo Flex, which allows eligible customers to split their purchases into three interest-free payments or longer-term plans with interest. Monzo Flex can be used for both online and in-store purchases made with the Monzo card.
✨ Key Features
- Monzo Flex: Pay in 3 interest-free installments
- Longer-term financing with interest
- Can be used on past purchases
- Integrated into the Monzo banking app
- Full suite of banking services
🎯 Key Differentiators
- Fully-fledged digital bank
- Seamless integration of BNPL into the banking experience
- Strong brand and user community
Unique Value: Offers a holistic and user-friendly banking experience that includes a flexible and integrated buy now, pay later option, allowing customers to manage all their finances in one place.
🎯 Use Cases (3)
✅ Best For
- Providing Monzo users with a convenient and integrated way to manage their spending and split payments
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Businesses looking for a standalone BNPL solution to integrate into their checkout
- Consumers who do not want to open a Monzo bank account
🏆 Alternatives
Unlike standalone BNPL providers, Monzo offers a complete banking solution, which can be more convenient for consumers who prefer to have all their financial services with a single provider.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Live Chat
- ✓ Phone Support
- ✓ Dedicated Support (Premium plans tier)
🔒 Compliance & Security
💰 Pricing
Free tier: Free Monzo account available
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