Posted by Alumni from Substack
April 27, 2024
Good morning & happy weekend! Another fascinating FinTech week is about to end, so let's make sure we're getting the most from it '' On today's radar we have Monzo Flex that's taking the UK's BNPL market by storm (what it's all about & why it matters + some bonus deep dives into Monzo), Franklin Templeton that now enables peer-to-peer transfers for tokenized treasury fund (why it's a significant move for the digital asset ecosystem + more bonus reads), and regional banks facing profitability challenges (a look at the status quo & what's next + some more reads inside). Let's jump straight into the important stuff ' The news '' London-based FinTech gem Monzo has made significant strides in the UK's Buy Now, Pay Later (BNPL) market with its Flex credit card. Launched in late 2021, the card allows customers to spread the cost of purchases over three months interest-free. More on this ' While Monzo conducts affordability checks and offers credit limits of up to '3,000 when... learn more