The rise of embedded finance in SME banking
Embedded finance, the integration of financial services such as payments, lending, or collections, into non-financial platforms or applications, is the fastest growing sector in the fintech industry. This business model brings convenience, speed and economy to consumers and businesses across many of the services they use on a daily basis.
For banks, embedded finance gives them a route to expanding their revenue base and building partnerships with retailers, manufacturers and many other types of business that want to offer these products.
In this report, the result of a survey of 500 senior decision-makers at UK SMEs, we share key insights on the state of SME banking, the ways businesses are using embedded finance and how the market is evolving.