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Bitget, BitMart and AscendEX Announce Saving Promotions Featuring Stablecoin WUSD, Up to 11% APY

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TORTOLA, British Virgin Islands, July 4, 2024 /PRNewswire/ — WSPN, a leading global digital payments company renowned for its commitment to transparency, speed, and efficiency, today announced new partnerships with Bitget, BitMart and AscendEX to launch special savings promotions featuring WUSD, a fiat-collateralized stablecoin pegged to the U.S. Dollar at a 1:1 ratio. Bitget, BitMart and AscendEX users can now easily convert their USDT holdings to WUSD and earn up to 11% APY.

Through this partnership, Bitget, BitMart and AscendEX users can now participate in these saving promotions and earn competitive yields. By simply depositing WUSD, or converting USDT to WUSD, and staking WUSD on either platform, users can start earning passive income with minimal effort. Both fixed and flexible staking options are available, providing users with the flexibility to manage their assets while earning competitive returns.

WUSD is currently available on 30 exchanges, including industry leaders such as MEXC Global and BingX, and across 6 major blockchains: Ethereum, Solana, Polygon, Binance Smart Chain (“BSC”), Arbitrum and Base. WUSD’s reach extends with strategic partnerships including DigiFT, Alchemy Pay, and Stablewallet, demonstrating its commitment to accessibility and interoperability.

This collaboration demonstrates WSPN’s commitment to providing WUSD holders with rewarding opportunities in the market. WSPN will actively explore other partnership opportunities to develop new features and products, such as lending and borrowing, to further enhance the WUSD ecosystem and provide users with even more opportunities to utilize their WUSD holdings.

To start earning passive income today, visit Bitget at tinyurl.com/bitgetearning, BitMart at https://tinyurl.com/BitMartsaving,  and AscendEX at https://tinyurl.com/asdearning.

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About WSPN

WSPN is a global digital payments company that provides transparent, fast, and efficient digital payment solutions leveraging the latest technological advancements of Distributed Ledger Technology (“DLT”). We are dedicated to shaping seamless digital payment solutions for our global partners worldwide at the frontier of future digital payments and financial inclusion.

Learn more: www.wspn.io | Twitter | LinkedIn | Instagram

About Bitget
Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions

About BitMart

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BitMart is the premier global digital asset trading platform. With millions of users worldwide and ranked among the top crypto exchanges on CoinGecko, it currently offers 1,000+ trading pairs with competitive trading fees. Constantly evolving and growing, BitMart is interested in crypto’s potential to drive innovation and promote financial inclusion. To learn more about BitMart, visit their website, follow their Twitter, or join their Telegram for updates, news, and promotions. Be sure to download the BitMart App to easily trade your favourite crypto anytime, anywhere.

About AscendEX

AscendEX (formerly BitMax) is a global cryptocurrency financial platform with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 150 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX services over 1 million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions. 

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Cision View original content:https://www.prnewswire.co.uk/news-releases/bitget-bitmart-and-ascendex-announce-saving-promotions-featuring-stablecoin-wusd-up-to-11-apy-302189470.html

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Latest News

Embedded Finance Market worth $251.5 billion by 2029 – Exclusive Report by MarketsandMarkets™

Published

on

CHICAGO, July 5, 2024 /PRNewswire/ — The Embedded Finance Market is expected to reach USD 251.5 billion by 2029 from USD 115.8 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 16.8% during the forecast period, according to a new report by MarketsandMarkets™.

Browse in-depth TOC on “Embedded Finance Market

250 – Tables
50 – Figures
255 – Pages

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=126584658

Scope of the Report

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Report Metrics

Details

Market size available for years

2020-2029

Base year considered

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2023

Forecast period

2024–2029

Forecast units

Value (USD) Billion

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Segments Covered

by type (embedded payments, embedded lending, embedded insurance, embedded investment/wealth management, other types), business model (B2B, B2C), industry (retail & eCommerce, healthcare, education, telecom, transportation, mobility and logistics, travel & hospitality, other industries)

Region covered

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Companies covered

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Stripe, Inc. (US), PayPal Holdings, Inc. (US), Amazon.com, Inc. (US), Plaid, Inc. (US), Klarna Bank AB (Sweden), FIS (US), Visa Inc. (US), Cross River Bank (US), Zeta Services Inc. (US), Marqeta, Inc. (US), Wise Payments Limited (UK), Goldman Sachs (UK), JPMorgan Chase & Co. (US), Alipay+ (China), Unit Finance Inc. (US), Solaris SE (Germany), Parafin, Inc. (US), Belvo (Mexico), Kasko Ltd. (UK), Tint Technologies Inc. (US), Mezu, Inc. (US), Fortis Payment Systems (US), Additiv AG (Switzerland), Galileo Financial Technologies, LLC (US), Trevipay (US).

The embedded finance market is experiencing a massive disruption because of the development of technologies such as API, AI, blockchain, etc. This capability allows companies to incorporate financial services into their platforms, delivering consistent and unique solutions. Furthermore, demand for new complex, value-added, readily available services that can be offered in real-time has pressured firms in almost all industries to embrace embedded finance. This shift helps non-financial firms to provide banking, lending, insurance, and payment services, which fortifies customer relations and generates more revenues. This market is divided into segments based on different aspects, such as the type, business model, and industry. Type includes solutions such as embedded payments, embedded lending, embedded insurance, embedded investment/wealth management, and others such as issuance and deposits. The business model includes both B2B and B2C. The industry segment focuses on retail & eCommerce, healthcare, education, telecom, transportation, mobility and logistics, travel & hospitality, and other industries, namely real estate, energy, media & entertainment, and agriculture. These segments collectively offer a comprehensive overview of the evolving embedded finance landscape and its potential business implications.

Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=126584658

Based on industry, retail & eCommerce sector to hold the largest market size during the forecast period.

The research identified several drivers that would make the retail and e-commerce sector the most significant market for embedded finance throughout the forecast period, including the steady growth in online purchasing coupled with the rising number of digital consumers requires effective financial services integrated into the e-commerce platforms; BNPL products increase consumers’ purchasing capacity, leading to increased spending. Personalization capabilities enable retailers to offer customized financial products to their customers, enhancing satisfaction and loyalty. Secure payment gateways and other algorithms in fintech underline smooth transaction processes, leading to higher consumer confidence. An omnichannel approach that integrates both online and offline experiences has financial services that help improve the shopping experience. Growing cooperation between fintech and retailers helps to achieve significant integration and compliance with the requirements to introduce new services. At the same time, the growth of mobile commerce enhances the demand for integrated mobile payments. Collectively, these factors explain the large market size of the retail and e-commerce segment in the embedded finance market during the forecast period.

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Based on the business model, the B2C model is expected to hold a higher growth rate during the forecast period.

The B2C model for embedded finance is expected to experience tremendous growth primarily because of the rising customer expectations for integrated and omnichannel financial solutions. The development of digital channels and e-commerce fuels the need for broader implementation. Innovation experiences in fintech, APIs, and AI, for instance, have helped ease integration, lowering entry barriers. Moreover, the strategic B2C model increases customer loyalty and customer retention since it provides them with individualized financial services, thus building lasting partnerships. It also widens the market since consumers who used to be locked out from accessing financial facilities due to various factors can access business ventures. Favorable economic and demographic indicators, such as improved disposable income, especially in emerging markets, as well as enhanced access to the Internet, have also boosted the demand for integrated financial services. These factors have made it evident that the B2C embedded finance model will likely realize faster growth during the forecast period under consideration.

Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=126584658

Asia Pacific is expected to hold a higher growth rate during the forecast period.

The Asia Pacific region will have the highest growth rate in the Embedded Finance Market for the next forecast period because of several factors. The constantly expanding digitally linked economy due to the rise in Internet connection and smartphone use makes it easier to incorporate financial services into consumer apps. The growth of e-commerce and a continuously increasing volume of online purchases, the development of the middle class and a gradual increase in the available amount of money encourage the desire to have non-cash payment solutions such as digital wallets and BNPL. State programs aimed at developing digital financial services make a helping condition, and significant investments in fintech start-ups and technological development fuel the market’s growth. A large population of the countries in this region presents a substantial demand for financial services. The tech firms collaborate with different institutions and businesses to ensure that financial services are integrated into a universal platform. All these factors combined make it possible to affirm that the Asia Pacific region will maintain a favorable, capturing growth rate in the forecast period.

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Top Companies in Embedded Finance Market:

The major vendors covered in the Embedded Finance Market are Stripe, Inc. (US), PayPal Holdings, Inc. (US), Amazon.com, Inc. (US), Plaid, Inc. (US), Klarna Bank AB (Sweden), FIS (US), Visa Inc. (US), Cross River Bank (US), Zeta Services Inc. (US), Marqeta, Inc. (US), Wise Payments Limited (UK), Goldman Sachs (UK), JPMorgan Chase & Co. (US), Alipay+ (China), Unit Finance Inc. (US), Solaris SE (Germany), Parafin, Inc. (US), Belvo (Mexico), Kasko Ltd. (UK), Tint Technologies Inc. (US), Mezu, Inc. (US), Fortis Payment Systems (US), Additiv AG (Switzerland), Galileo Financial Technologies, LLC (US), Trevipay (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their footprint in the Embedded Finance Market.

Browse Adjacent MarketsSoftware and Services Market Research Reports & Consulting

Related Reports:

3D Digital Asset Market– Global Forecast to 2029

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Software Asset Management Market – Global Forecast to 2029

Loyalty Management Market – Global Forecast to 2029

Payment Gateway Market – Global Forecast to 2029

Digital Circular Economy Market – Global Forecast to 2028

Get access to the latest updates on Embedded Finance Companies and Embedded Finance Industry 

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About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Advertisement
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Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Website: https://www.marketsandmarkets.com/

Logo: https://mma.prnewswire.com/media/1951202/4609423/MarketsandMarkets.jpg

 

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Cision View original content:https://www.prnewswire.co.uk/news-releases/embedded-finance-market-worth-251-5-billion-by-2029—exclusive-report-by-marketsandmarkets-302189871.html

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Latest News

Embedded Finance Market worth $251.5 billion by 2029 – Exclusive Report by MarketsandMarkets™

Published

on

CHICAGO, July 5, 2024 /PRNewswire/ — The Embedded Finance Market is expected to reach USD 251.5 billion by 2029 from USD 115.8 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 16.8% during the forecast period, according to a new report by MarketsandMarkets™.

Browse in-depth TOC on “Embedded Finance Market

250 – Tables
50 – Figures
255 – Pages

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=126584658

Scope of the Report

Advertisement
Stake.com

Report Metrics

Details

Market size available for years

2020-2029

Base year considered

Advertisement
Stake.com

2023

Forecast period

2024–2029

Forecast units

Value (USD) Billion

Advertisement
Stake.com

Segments Covered

by type (embedded payments, embedded lending, embedded insurance, embedded investment/wealth management, other types), business model (B2B, B2C), industry (retail & eCommerce, healthcare, education, telecom, transportation, mobility and logistics, travel & hospitality, other industries)

Region covered

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Companies covered

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Stripe, Inc. (US), PayPal Holdings, Inc. (US), Amazon.com, Inc. (US), Plaid, Inc. (US), Klarna Bank AB (Sweden), FIS (US), Visa Inc. (US), Cross River Bank (US), Zeta Services Inc. (US), Marqeta, Inc. (US), Wise Payments Limited (UK), Goldman Sachs (UK), JPMorgan Chase & Co. (US), Alipay+ (China), Unit Finance Inc. (US), Solaris SE (Germany), Parafin, Inc. (US), Belvo (Mexico), Kasko Ltd. (UK), Tint Technologies Inc. (US), Mezu, Inc. (US), Fortis Payment Systems (US), Additiv AG (Switzerland), Galileo Financial Technologies, LLC (US), Trevipay (US).

The embedded finance market is experiencing a massive disruption because of the development of technologies such as API, AI, blockchain, etc. This capability allows companies to incorporate financial services into their platforms, delivering consistent and unique solutions. Furthermore, demand for new complex, value-added, readily available services that can be offered in real-time has pressured firms in almost all industries to embrace embedded finance. This shift helps non-financial firms to provide banking, lending, insurance, and payment services, which fortifies customer relations and generates more revenues. This market is divided into segments based on different aspects, such as the type, business model, and industry. Type includes solutions such as embedded payments, embedded lending, embedded insurance, embedded investment/wealth management, and others such as issuance and deposits. The business model includes both B2B and B2C. The industry segment focuses on retail & eCommerce, healthcare, education, telecom, transportation, mobility and logistics, travel & hospitality, and other industries, namely real estate, energy, media & entertainment, and agriculture. These segments collectively offer a comprehensive overview of the evolving embedded finance landscape and its potential business implications.

Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=126584658

Based on industry, retail & eCommerce sector to hold the largest market size during the forecast period.

The research identified several drivers that would make the retail and e-commerce sector the most significant market for embedded finance throughout the forecast period, including the steady growth in online purchasing coupled with the rising number of digital consumers requires effective financial services integrated into the e-commerce platforms; BNPL products increase consumers’ purchasing capacity, leading to increased spending. Personalization capabilities enable retailers to offer customized financial products to their customers, enhancing satisfaction and loyalty. Secure payment gateways and other algorithms in fintech underline smooth transaction processes, leading to higher consumer confidence. An omnichannel approach that integrates both online and offline experiences has financial services that help improve the shopping experience. Growing cooperation between fintech and retailers helps to achieve significant integration and compliance with the requirements to introduce new services. At the same time, the growth of mobile commerce enhances the demand for integrated mobile payments. Collectively, these factors explain the large market size of the retail and e-commerce segment in the embedded finance market during the forecast period.

Advertisement
Stake.com

Based on the business model, the B2C model is expected to hold a higher growth rate during the forecast period.

The B2C model for embedded finance is expected to experience tremendous growth primarily because of the rising customer expectations for integrated and omnichannel financial solutions. The development of digital channels and e-commerce fuels the need for broader implementation. Innovation experiences in fintech, APIs, and AI, for instance, have helped ease integration, lowering entry barriers. Moreover, the strategic B2C model increases customer loyalty and customer retention since it provides them with individualized financial services, thus building lasting partnerships. It also widens the market since consumers who used to be locked out from accessing financial facilities due to various factors can access business ventures. Favorable economic and demographic indicators, such as improved disposable income, especially in emerging markets, as well as enhanced access to the Internet, have also boosted the demand for integrated financial services. These factors have made it evident that the B2C embedded finance model will likely realize faster growth during the forecast period under consideration.

Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=126584658

Asia Pacific is expected to hold a higher growth rate during the forecast period.

The Asia Pacific region will have the highest growth rate in the Embedded Finance Market for the next forecast period because of several factors. The constantly expanding digitally linked economy due to the rise in Internet connection and smartphone use makes it easier to incorporate financial services into consumer apps. The growth of e-commerce and a continuously increasing volume of online purchases, the development of the middle class and a gradual increase in the available amount of money encourage the desire to have non-cash payment solutions such as digital wallets and BNPL. State programs aimed at developing digital financial services make a helping condition, and significant investments in fintech start-ups and technological development fuel the market’s growth. A large population of the countries in this region presents a substantial demand for financial services. The tech firms collaborate with different institutions and businesses to ensure that financial services are integrated into a universal platform. All these factors combined make it possible to affirm that the Asia Pacific region will maintain a favorable, capturing growth rate in the forecast period.

Advertisement
Stake.com

Top Companies in Embedded Finance Market:

The major vendors covered in the Embedded Finance Market are Stripe, Inc. (US), PayPal Holdings, Inc. (US), Amazon.com, Inc. (US), Plaid, Inc. (US), Klarna Bank AB (Sweden), FIS (US), Visa Inc. (US), Cross River Bank (US), Zeta Services Inc. (US), Marqeta, Inc. (US), Wise Payments Limited (UK), Goldman Sachs (UK), JPMorgan Chase & Co. (US), Alipay+ (China), Unit Finance Inc. (US), Solaris SE (Germany), Parafin, Inc. (US), Belvo (Mexico), Kasko Ltd. (UK), Tint Technologies Inc. (US), Mezu, Inc. (US), Fortis Payment Systems (US), Additiv AG (Switzerland), Galileo Financial Technologies, LLC (US), Trevipay (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their footprint in the Embedded Finance Market.

Browse Adjacent MarketsSoftware and Services Market Research Reports & Consulting

Related Reports:

3D Digital Asset Market– Global Forecast to 2029

Advertisement
Stake.com

Software Asset Management Market – Global Forecast to 2029

Loyalty Management Market – Global Forecast to 2029

Payment Gateway Market – Global Forecast to 2029

Digital Circular Economy Market – Global Forecast to 2028

Get access to the latest updates on Embedded Finance Companies and Embedded Finance Industry 

Advertisement
Stake.com

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Advertisement
Stake.com

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Website: https://www.marketsandmarkets.com/

Logo: https://mma.prnewswire.com/media/1951202/4609423/MarketsandMarkets.jpg

 

Advertisement
Stake.com

Cision View original content:https://www.prnewswire.co.uk/news-releases/embedded-finance-market-worth-251-5-billion-by-2029—exclusive-report-by-marketsandmarkets-302189871.html

Continue Reading

Latest News

Embedded Finance Market worth $251.5 billion by 2029 – Exclusive Report by MarketsandMarkets™

Published

on

CHICAGO, July 5, 2024 /PRNewswire/ — The Embedded Finance Market is expected to reach USD 251.5 billion by 2029 from USD 115.8 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 16.8% during the forecast period, according to a new report by MarketsandMarkets™.

Browse in-depth TOC on “Embedded Finance Market

250 – Tables
50 – Figures
255 – Pages

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=126584658

Scope of the Report

Advertisement
Stake.com

Report Metrics

Details

Market size available for years

2020-2029

Base year considered

Advertisement
Stake.com

2023

Forecast period

2024–2029

Forecast units

Value (USD) Billion

Advertisement
Stake.com

Segments Covered

by type (embedded payments, embedded lending, embedded insurance, embedded investment/wealth management, other types), business model (B2B, B2C), industry (retail & eCommerce, healthcare, education, telecom, transportation, mobility and logistics, travel & hospitality, other industries)

Region covered

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Companies covered

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Stripe, Inc. (US), PayPal Holdings, Inc. (US), Amazon.com, Inc. (US), Plaid, Inc. (US), Klarna Bank AB (Sweden), FIS (US), Visa Inc. (US), Cross River Bank (US), Zeta Services Inc. (US), Marqeta, Inc. (US), Wise Payments Limited (UK), Goldman Sachs (UK), JPMorgan Chase & Co. (US), Alipay+ (China), Unit Finance Inc. (US), Solaris SE (Germany), Parafin, Inc. (US), Belvo (Mexico), Kasko Ltd. (UK), Tint Technologies Inc. (US), Mezu, Inc. (US), Fortis Payment Systems (US), Additiv AG (Switzerland), Galileo Financial Technologies, LLC (US), Trevipay (US).

The embedded finance market is experiencing a massive disruption because of the development of technologies such as API, AI, blockchain, etc. This capability allows companies to incorporate financial services into their platforms, delivering consistent and unique solutions. Furthermore, demand for new complex, value-added, readily available services that can be offered in real-time has pressured firms in almost all industries to embrace embedded finance. This shift helps non-financial firms to provide banking, lending, insurance, and payment services, which fortifies customer relations and generates more revenues. This market is divided into segments based on different aspects, such as the type, business model, and industry. Type includes solutions such as embedded payments, embedded lending, embedded insurance, embedded investment/wealth management, and others such as issuance and deposits. The business model includes both B2B and B2C. The industry segment focuses on retail & eCommerce, healthcare, education, telecom, transportation, mobility and logistics, travel & hospitality, and other industries, namely real estate, energy, media & entertainment, and agriculture. These segments collectively offer a comprehensive overview of the evolving embedded finance landscape and its potential business implications.

Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=126584658

Based on industry, retail & eCommerce sector to hold the largest market size during the forecast period.

The research identified several drivers that would make the retail and e-commerce sector the most significant market for embedded finance throughout the forecast period, including the steady growth in online purchasing coupled with the rising number of digital consumers requires effective financial services integrated into the e-commerce platforms; BNPL products increase consumers’ purchasing capacity, leading to increased spending. Personalization capabilities enable retailers to offer customized financial products to their customers, enhancing satisfaction and loyalty. Secure payment gateways and other algorithms in fintech underline smooth transaction processes, leading to higher consumer confidence. An omnichannel approach that integrates both online and offline experiences has financial services that help improve the shopping experience. Growing cooperation between fintech and retailers helps to achieve significant integration and compliance with the requirements to introduce new services. At the same time, the growth of mobile commerce enhances the demand for integrated mobile payments. Collectively, these factors explain the large market size of the retail and e-commerce segment in the embedded finance market during the forecast period.

Advertisement
Stake.com

Based on the business model, the B2C model is expected to hold a higher growth rate during the forecast period.

The B2C model for embedded finance is expected to experience tremendous growth primarily because of the rising customer expectations for integrated and omnichannel financial solutions. The development of digital channels and e-commerce fuels the need for broader implementation. Innovation experiences in fintech, APIs, and AI, for instance, have helped ease integration, lowering entry barriers. Moreover, the strategic B2C model increases customer loyalty and customer retention since it provides them with individualized financial services, thus building lasting partnerships. It also widens the market since consumers who used to be locked out from accessing financial facilities due to various factors can access business ventures. Favorable economic and demographic indicators, such as improved disposable income, especially in emerging markets, as well as enhanced access to the Internet, have also boosted the demand for integrated financial services. These factors have made it evident that the B2C embedded finance model will likely realize faster growth during the forecast period under consideration.

Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=126584658

Asia Pacific is expected to hold a higher growth rate during the forecast period.

The Asia Pacific region will have the highest growth rate in the Embedded Finance Market for the next forecast period because of several factors. The constantly expanding digitally linked economy due to the rise in Internet connection and smartphone use makes it easier to incorporate financial services into consumer apps. The growth of e-commerce and a continuously increasing volume of online purchases, the development of the middle class and a gradual increase in the available amount of money encourage the desire to have non-cash payment solutions such as digital wallets and BNPL. State programs aimed at developing digital financial services make a helping condition, and significant investments in fintech start-ups and technological development fuel the market’s growth. A large population of the countries in this region presents a substantial demand for financial services. The tech firms collaborate with different institutions and businesses to ensure that financial services are integrated into a universal platform. All these factors combined make it possible to affirm that the Asia Pacific region will maintain a favorable, capturing growth rate in the forecast period.

Advertisement
Stake.com

Top Companies in Embedded Finance Market:

The major vendors covered in the Embedded Finance Market are Stripe, Inc. (US), PayPal Holdings, Inc. (US), Amazon.com, Inc. (US), Plaid, Inc. (US), Klarna Bank AB (Sweden), FIS (US), Visa Inc. (US), Cross River Bank (US), Zeta Services Inc. (US), Marqeta, Inc. (US), Wise Payments Limited (UK), Goldman Sachs (UK), JPMorgan Chase & Co. (US), Alipay+ (China), Unit Finance Inc. (US), Solaris SE (Germany), Parafin, Inc. (US), Belvo (Mexico), Kasko Ltd. (UK), Tint Technologies Inc. (US), Mezu, Inc. (US), Fortis Payment Systems (US), Additiv AG (Switzerland), Galileo Financial Technologies, LLC (US), Trevipay (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their footprint in the Embedded Finance Market.

Browse Adjacent MarketsSoftware and Services Market Research Reports & Consulting

Related Reports:

3D Digital Asset Market– Global Forecast to 2029

Advertisement
Stake.com

Software Asset Management Market – Global Forecast to 2029

Loyalty Management Market – Global Forecast to 2029

Payment Gateway Market – Global Forecast to 2029

Digital Circular Economy Market – Global Forecast to 2028

Get access to the latest updates on Embedded Finance Companies and Embedded Finance Industry 

Advertisement
Stake.com

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Advertisement
Stake.com

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Website: https://www.marketsandmarkets.com/

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