2023 Roundup – The State of Embedded Finance

Table of Contents

Shop, Ride, Bank: Your Favorite Apps Now Double as Financial Hubs! If finance ever had a wardrobe change—Embedded Finance would be the trendsetter in 2023. Last year, we saw an unprecedented acceleration in the game-changing trend where companies outside the traditional banking sector jumped into the financial services pool. They’re not just dipping their toes either – they’re diving in headfirst through innovative partnerships to offer financial services such as wallets, bank accounts, debit and credit cards, credit, and insurance. These savvy collaborations are their golden ticket to accessing essential financial licences and heaps of valuable data. It’s a whole new playground where tech meets finance, and the possibilities? Your go-to shopping app has become a fashion-forward financial hub, allowing you to purchase your latest winter essentials or holiday gifts on credit. Even ride-hailing and online travel booking platforms have taken on a dual role, functioning as covert banks offering on-the-go insurance and convenient access to credit within the app.We’ve already delved into the deep trends of embedded finance for 2023, highlighting specific trends throughout the year. Excited to dive in? Take the plunge right here!Navigating the Rise of In-Car Payments, Payment Titans Go All-In on the Embedded Lending RevolutionSMB Financing […]

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