Monzo, an online retail bank in the U.K. popular with millennials, will announce a buy-now-pay-later product on Thursday, jumping into the crowded market dominated by the likes of Klarna, Affirm and Afterpay. The British bank’s product dubbed “Monzo Flex” will give users the opportunity to split purchases across several payments over a three, six or 12 month time period, according to a person...
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Can Livestream Shopping Cure the Holiday Gifting Blues?
Hi, welcome to the Weekend.It might seem against the holiday spirit to say so, but does anyone really love gift-shopping these days? Even pre-pandemic, it was a stress-inducing affair, loaded with decision fatigue, toy-of-the-year FOMO and ghosts of bad presents past.Into this consumerist minefield has stumbled a strange new entrant: livestream shopping. In this week’s issue, writer Janet...
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