Global Embedded Finance Market Size study & Forecast, by Finance Type By Business Model By End Use and Regional Analysis, 2023-2030

Description

List of Tables

Global Embedded Finance Market is valued approximately USD 58 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 29% over the forecast period 2023-2030. Embedded Finance refers to the integration of financial services and products into non-financial platforms, applications, or business processes. Instead of relying on traditional, standalone financial institutions, embedded finance leverages technology to seamlessly incorporate financial services into various industries and applications. This integration allows businesses to offer financial services or products as part of their core offerings, enhancing user experience and providing added value. The Embedded Finance market is expanding because of factors such as growing adoption of digital payments and rising number of e-commerce platforms. As a result, the demand of Embedded Finance has progressively increased in the international market during the forecast period 2023-2030.

Embedded finance leverages digital payment channels to engage customers more effectively by offering financial services within the same digital ecosystem where customers make payments, there's an increased likelihood of customers utilizing these embedded services due to the convenience and familiarity. According to the Findex report by World Bank Organization 2021, In China, 89% of adults have an account, and 82% of adults used it to make digital merchant payments. In the rest of the region, 59% of adults have an account and 23% of adults made digital merchant payments. In addition, as per report of Ministry of Finance India, UPI has been the driving factor of the overall expansion of digital payment transactions in the country, accounting for 62% of digital payment transactions in FY 2022-23. Year-on-year growth in the value of bank notes in circulation fell from 9.9% in FY 2021-22 to 7.8% in FY 2022-23. Digital payment platforms often serve as the foundation for embedded financial services. These platforms can seamlessly integrate additional financial functionalities, such as lending, insurance, or investment services. This integration creates a more comprehensive and convenient user experience. Another important factor drives the Embedded Finance market is increasing number of e-commerce platforms. E-commerce platforms are increasingly integrating financial services directly into their platforms. This integration allows customers to access financial products and services without leaving the e-commerce environment. Embedded finance can provide instant loans or installment payment options at the point of purchase. In addition, according to eCommerce tips organization, the global ecommerce market in 2023 has reached USD 6.3 trillion, account for 20.8% of global retail sales and the market is projected to reach up to USD 8.1 trillion by the year 2026. Moreover, technological advancements in digital payment gateways and increasing usage of the internet is anticipated to create a lucrative growth opportunity for the market over the forecast period. However, data privacy concerns and interoperability concerns are going to impede overall market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Embedded Finance Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increasing presence of embedded finance startups such as FundThrough Inc, Marqeta Inc and LoanStar Technologies in the region. These startups are often more agile and innovative than traditional financial institutions, as they leverage data-driven approaches to create new and improved financial products and services, which drives overall growth in the embedded finance market by introducing novel solutions that cater to evolving customer needs. According to Statista, in 2023, there are 11, 651 number of fintech's in Americas region and the value has reached up to 13,100 number of fintech's in 2024. The region's dominant performance is anticipated to propel the overall demand of Embedded Finance. Furthermore, Asia Pacific is expected to grow fastest during the forecast period, owing to factors such as growing internet penetration and rising number of smartphone users in the region.

Major market player included in this report are:

Banxware Technologies Limited
Cross Riverbank
Finastra Holdings Limited
Finix Payments, Inc.
Flywire Corporation
Parafin Technologies Inc
PayPal Holdings, Inc
Stripe, Inc
TreviPay, Inc
Zopa Bank Limited

Recent Developments in the Market:

In November 2023, Andaria, a FinTech industry leader, has introduced a unique Embedded Finance product. The new solution intends to help non-financial organisations incorporate payment services into new and existing platforms. This effort enables partners to strengthen their platforms by offering a broader choice of financial products and services, allowing them to generate additional revenue streams. The platform is going to improve client engagement by providing a coherent, user-friendly financial ecosystem experience across partner platforms. The new solution includes cutting-edge technology and AI advancements to ensure secure and compliant financial transactions. Furthermore, the collaboration completed a successful beta testing phase, demonstrating predicted revenue growth and enhanced consumer engagement for partners.

Global Embedded Finance Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Finance Type, Business Model, End Use, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Finance Type

Embedded Payment
Embedded Insurance
Embedded Investment
Embedded Lending
Embedded Banking

By Business Model

By End Use

Retail
Healthcare
Logistics
Manufacturing
Travel & Entertainment
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1.Executive Summary

1.1.Market Snapshot
1.2.Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1.Embedded Finance Market, by Region, 2020-2030 (USD Billion)
- 1.2.2.Embedded Finance Market, by Finance Type, 2020-2030 (USD Billion)
- 1.2.3.Embedded Finance Market, by Business Model, 2020-2030 (USD Billion)
- 1.2.4.Embedded Finance Market, by End Use, 2020-2030 (USD Billion)
1.3.Key Trends
1.4.Estimation Methodology
1.5.Research Assumption

Chapter 2.Global Embedded Finance Market Definition and Scope

2.1.Objective of the Study
2.2.Market Definition & Scope
- 2.2.1.Industry Evolution
- 2.2.2.Scope of the Study
2.3.Years Considered for the Study
2.4.Currency Conversion Rates

Chapter 3.Global Embedded Finance Market Dynamics

3.1.Embedded Finance Market Impact Analysis (2020-2030)
- 3.1.1.Market Drivers
  - 3.1.1.1.Growing adoption of digital payments
  - 3.1.1.2.Rising number of e-commerce platforms
- 3.1.2.Market Challenges
  - 3.1.2.1.Data privacy concerns
  - 3.1.2.2.Interoperability concerns
- 3.1.3.Market Opportunities
  - 3.1.3.1.Technological advancements in digital payment gateways
  - 3.1.3.2.Increasing usage of the internet

Chapter 4.Global Embedded Finance Market Industry Analysis

4.1.Porter's 5 Force Model
- 4.1.1.Bargaining Power of Suppliers
- 4.1.2.Bargaining Power of Buyers
- 4.1.3.Threat of New Entrants
- 4.1.4.Threat of Substitutes
- 4.1.5.Competitive Rivalry
4.2.Porter's 5 Force Impact Analysis
4.3.PEST Analysis
- 4.3.1.Political
- 4.3.2.Economical
- 4.3.3.Social
- 4.3.4.Technological
- 4.3.5.Environmental
- 4.3.6.Legal
4.4.Top investment opportunity
4.5.Top winning strategies
4.6.COVID-19 Impact Analysis
4.7.Disruptive Trends
4.8.Industry Expert Perspective
4.9.Analyst Recommendation & Conclusion

Chapter 5.Global Embedded Finance Market, by Finance Type

5.1.Market Snapshot
5.2.Global Embedded Finance Market by Finance Type, Performance - Potential Analysis
5.3.Global Embedded Finance Market Estimates & Forecasts by Finance Type 2020-2030 (USD Billion)
5.4.Embedded Finance Market, Sub Segment Analysis
- 5.4.1.Embedded Payment
- 5.4.2.Embedded Insurance
- 5.4.3.Embedded Investment
- 5.4.4.Embedded Lending
- 5.4.5.Embedded Banking

Chapter 6.Global Embedded Finance Market, by Business Model

6.1.Market Snapshot
6.2.Global Embedded Finance Market by Business Model, Performance - Potential Analysis
6.3.Global Embedded Finance Market Estimates & Forecasts by Business Model 2020-2030 (USD Billion)
6.4.Embedded Finance Market, Sub Segment Analysis
- 6.4.1.B2B
- 6.4.2.B2C

Chapter 7.Global Embedded Finance Market, by End Use

7.1.Market Snapshot
7.2.Global Embedded Finance Market by End Use, Performance - Potential Analysis
7.3.Global Embedded Finance Market Estimates & Forecasts by End Use 2020-2030 (USD Billion)
7.4.Embedded Finance Market, Sub Segment Analysis
- 7.4.1.Retail
- 7.4.2.Healthcare
- 7.4.3.Logistics
- 7.4.4.Manufacturing
- 7.4.5.Travel & Entertainment
- 7.4.6.Others

Chapter 8.Global Embedded Finance Market, Regional Analysis

8.1.Top Leading Countries
8.2.Top Emerging Countries
8.3.Embedded Finance Market, Regional Market Snapshot
8.4.North America Embedded Finance Market
- 8.4.1.U.S. Embedded Finance Market
  - 8.4.1.1.Finance Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2.Business Model breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3.End Use breakdown estimates & forecasts, 2020-2030
- 8.4.2.Canada Embedded Finance Market
8.5.Europe Embedded Finance Market Snapshot
- 8.5.1.U.K. Embedded Finance Market
- 8.5.2.Germany Embedded Finance Market
- 8.5.3.France Embedded Finance Market
- 8.5.4.Spain Embedded Finance Market
- 8.5.5.Italy Embedded Finance Market
- 8.5.6.Rest of Europe Embedded Finance Market
8.6.Asia-Pacific Embedded Finance Market Snapshot
- 8.6.1.China Embedded Finance Market
- 8.6.2.India Embedded Finance Market
- 8.6.3.Japan Embedded Finance Market
- 8.6.4.Australia Embedded Finance Market
- 8.6.5.South Korea Embedded Finance Market
- 8.6.6.Rest of Asia Pacific Embedded Finance Market
8.7.Latin America Embedded Finance Market Snapshot
- 8.7.1.Brazil Embedded Finance Market
- 8.7.2.Mexico Embedded Finance Market
8.8.Middle East & Africa Embedded Finance Market
- 8.8.1.Saudi Arabia Embedded Finance Market
- 8.8.2.South Africa Embedded Finance Market
- 8.8.3.Rest of Middle East & Africa Embedded Finance Market

Chapter 9.Competitive Intelligence

9.1.Key Company SWOT Analysis
9.2.Top Market Strategies
9.3.Company Profiles
- 9.3.1.Banxware Technologies Limited
  - 9.3.1.1.Key Information
  - 9.3.1.2.Overview
  - 9.3.1.3.Financial (Subject to Data Availability)
  - 9.3.1.4.Product Summary
  - 9.3.1.5.Recent Developments
- 9.3.2.Cross Riverbank
- 9.3.3.Finastra Holdings Limited
- 9.3.4.Finix Payments, Inc.
- 9.3.5.Flywire Corporation
- 9.3.6.Parafin Technologies Inc.
- 9.3.7.PayPal Holdings, Inc.
- 9.3.8.Stripe, Inc.
- 9.3.9.TreviPay, Inc.
- 9.3.10.Zopa Bank Limited

Chapter 10.Research Process

10.1.Research Process
- 10.1.1.Data Mining
- 10.1.2.Analysis
- 10.1.3.Market Estimation
- 10.1.4.Validation
- 10.1.5.Publishing
10.2.Research Attributes
10.3.Research Assumption

LIST OF TABLES

TABLE 1.Global Embedded Finance Market, report scope
TABLE 2.Global Embedded Finance Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3.Global Embedded Finance Market estimates & forecasts by Finance Type 2020-2030 (USD Billion)
TABLE 4.Global Embedded Finance Market estimates & forecasts by Business Model 2020-2030 (USD Billion)
TABLE 5.Global Embedded Finance Market estimates & forecasts by End Use 2020-2030 (USD Billion)
TABLE 6.Global Embedded Finance Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7.Global Embedded Finance Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8.Global Embedded Finance Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9.Global Embedded Finance Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10.Global Embedded Finance Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11.Global Embedded Finance Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12.Global Embedded Finance Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13.Global Embedded Finance Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14.Global Embedded Finance Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15.Global Embedded Finance Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16.U.S. Embedded Finance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17.U.S. Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18.U.S. Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19.Canada Embedded Finance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20.Canada Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21.Canada Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22.UK Embedded Finance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23.UK Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24.UK Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25.Germany Embedded Finance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26.Germany Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27.Germany Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28.France Embedded Finance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29.France Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30.France Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31.Italy Embedded Finance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32.Italy Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33.Italy Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34.Spain Embedded Finance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35.Spain Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36.Spain Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37.RoE Embedded Finance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38.RoE Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39.RoE Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40.China Embedded Finance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41.China Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42.China Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43.India Embedded Finance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44.India Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45.India Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46.Japan Embedded Finance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47.Japan Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48.Japan Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49.South Korea Embedded Finance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50.South Korea Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51.South Korea Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52.Australia Embedded Finance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53.Australia Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54.Australia Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55.RoAPAC Embedded Finance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56.RoAPAC Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57.RoAPAC Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58.Brazil Embedded Finance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59.Brazil Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60.Brazil Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61.Mexico Embedded Finance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62.Mexico Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63.Mexico Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64.RoLA Embedded Finance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65.RoLA Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66.RoLA Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67.Saudi Arabia Embedded Finance Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68.South Africa Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69.RoMEA Embedded Finance Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70.List of secondary sources, used in the study of global Embedded Finance Market
TABLE 71.List of primary sources, used in the study of global Embedded Finance Market
TABLE 72.Years considered for the study
TABLE 73.Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1.Global Embedded Finance Market, research methodology
FIG 2.Global Embedded Finance Market, Market estimation techniques
FIG 3.Global Market size estimates & forecast methods
FIG 4.Global Embedded Finance Market, key trends 2022
FIG 5.Global Embedded Finance Market, growth prospects 2023-2030
FIG 6.Global Embedded Finance Market, porters 5 force model
FIG 7.Global Embedded Finance Market, pest analysis
FIG 8.Global Embedded Finance Market, value chain analysis
FIG 9.Global Embedded Finance Market by segment, 2020 & 2030 (USD Billion)
FIG 10.Global Embedded Finance Market by segment, 2020 & 2030 (USD Billion)
FIG 11.Global Embedded Finance Market by segment, 2020 & 2030 (USD Billion)
FIG 12.Global Embedded Finance Market by segment, 2020 & 2030 (USD Billion)
FIG 13.Global Embedded Finance Market by segment, 2020 & 2030 (USD Billion)
FIG 14.Global Embedded Finance Market, regional snapshot 2020 & 2030
FIG 15.North America Embedded Finance Market 2020 & 2030 (USD Billion)
FIG 16.Europe Embedded Finance Market 2020 & 2030 (USD Billion)
FIG 17.Asia pacific Embedded Finance Market 2020 & 2030 (USD Billion)
FIG 18.Latin America Embedded Finance Market 2020 & 2030 (USD Billion)
FIG 19.Middle East & Africa Embedded Finance Market 2020 & 2030 (USD Billion)