Flex customers on iOS 18 can now spread payments over several months via Apple Pay.
Apple ended its BNPL service and is now partnering with third parties like Monzo and Affirm.
Monzo has introduced a new payment option for its Flex
customers using iOS 18 and iPadOS 18. The feature allows users to pay in full
or spread the cost over several months at the point of purchase through Apple
Pay. This option is available when shopping online or making in-app purchases
on iPhones and iPads.
Launching Monthly Payment Option
Kunal Malani, General Manager at Monzo, Source: LinkedIn
Customers will be able to view the monthly payments,
understand the total cost, including any interest, and select their preferred
repayment method before finalizing their purchase. Monzo is the first UK bank
to integrate this feature with Apple Pay following the release of iOS 18.
“Our customers love using their Flex credit card with Apple
Pay and we’re thrilled to be the first bank to bring this feature to Apple Pay
users in the UK,” commented Kunal Malani, General Manager at Monzo.
“Now our customers are able to choose their monthly payments—right at checkout with Apple Pay when using their Monzo Flex credit card,” he explained.
“This brings an even more convenient experience for our customers when shopping
online.”
Meanwhile, Monzo
has secured €397 million in a funding round led by CapitalG, Google's
independent growth fund, as reported by Finance Magnates. The UK's largest
digital bank, valued at $5 billion, has also received investment from Google
Ventures, HongShan Capital, and existing investors Passion Capital and Tencent.
Apple Shifts to BNPL Partners
In the United States, Apple has announced similar
developments. Users can redeem rewards using Discover credit cards and apply
for loans through the Buy Now, Pay Later (BNPL) firm Affirm. These changes come
shortly after Apple discontinued its own BNPL service to collaborate with
third-party providers.
Other banks preparing to roll out similar services include
ANZ in Australia, HSBC in the UK, CaixaBank in Spain, and Citi Synchrony, along
with issuers partnered with Fiserv in the US.
Monzo has introduced a new payment option for its Flex
customers using iOS 18 and iPadOS 18. The feature allows users to pay in full
or spread the cost over several months at the point of purchase through Apple
Pay. This option is available when shopping online or making in-app purchases
on iPhones and iPads.
Launching Monthly Payment Option
Kunal Malani, General Manager at Monzo, Source: LinkedIn
Customers will be able to view the monthly payments,
understand the total cost, including any interest, and select their preferred
repayment method before finalizing their purchase. Monzo is the first UK bank
to integrate this feature with Apple Pay following the release of iOS 18.
“Our customers love using their Flex credit card with Apple
Pay and we’re thrilled to be the first bank to bring this feature to Apple Pay
users in the UK,” commented Kunal Malani, General Manager at Monzo.
“Now our customers are able to choose their monthly payments—right at checkout with Apple Pay when using their Monzo Flex credit card,” he explained.
“This brings an even more convenient experience for our customers when shopping
online.”
Meanwhile, Monzo
has secured €397 million in a funding round led by CapitalG, Google's
independent growth fund, as reported by Finance Magnates. The UK's largest
digital bank, valued at $5 billion, has also received investment from Google
Ventures, HongShan Capital, and existing investors Passion Capital and Tencent.
Apple Shifts to BNPL Partners
In the United States, Apple has announced similar
developments. Users can redeem rewards using Discover credit cards and apply
for loans through the Buy Now, Pay Later (BNPL) firm Affirm. These changes come
shortly after Apple discontinued its own BNPL service to collaborate with
third-party providers.
Other banks preparing to roll out similar services include
ANZ in Australia, HSBC in the UK, CaixaBank in Spain, and Citi Synchrony, along
with issuers partnered with Fiserv in the US.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
Retail Investors Shift to Energy, Rare Earths, and AI Amid Tensions, eToro Finds
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
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FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
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▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
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▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
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In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
