Tag: embedded finance
The global revenue from embedded payments for embedded finance vendors will reach $59bn in 2027, rising from $32bn in 2023, according to Juniper Research.
Research by financial firm Bain has found that the transaction value of embedded finance is set to double to $7trn by 2026.
A study by composable banking platform Temenos has found that three in five – 60% - of UK adults use embedded finance services when shopping online.
Responsible, an embedded finance company designed to make the fashion industry more circular, has secured $6.6m from a seed round held by Barclays.
Card issuing company Highnote has raised $54m in seed and Series A funding as the firm emerges from stealth.
A recent blogpost by Currencycloud has detailed how the FinTech sector is helping to level the playing field in the corporate remittance market.
The embedded finance market is currently going from strength to strength. Thanks to companies like PayPal and Klarna, many non-financial institutions are integrating financial services into their platforms. As the sector continues to expand, how can traditional banks compete?
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