
What is Embedded Finance ?
So what is embedded finance, exactly? What benefits can it offer for your business, in particular? And how can you implement it? Well, all these important questions will be answered right here!
From the big picture to the nitty-gritty details, Embed breaks it down.
So what is embedded finance, exactly? What benefits can it offer for your business, in particular? And how can you implement it? Well, all these important questions will be answered right here!
Embedded banking refers to incorporating traditional banking tools—such as debit cards and checking accounts—into non-financial platforms like a marketplace or retailer. Once integrated, it can create immense value for your business and its customers. A non-financial company can get these services from banking as a service (BaaS) provider.
The idea of embedded finance is rooted in the fact that finance is closely associated with the products and services that are a part of our daily lives. It aims to make financial transactions more fluid. The resulting economic system will be able to adapt more easily to the ever-changing social and economic norms.