Embedded Financing Create New Revenue Streams (1).pdf
- 1. Embedded Financing Create New Revenue Streams The expansion of financial services in India has been facilitated by new technology and regulatory measures. India has experienced a tremendous increase in digital transactions over the last few years. As a result, companies are utilizing cutting-edge financial technologies more frequently to provide customers with superior services. Embedded financing, which refers to the smooth incorporation of financial services into other businesses, is a fantastic example of digitalization in the fintech industry. For companies wishing to implement embedded funding, KredX Pay Later is the perfect option. How Does Embedded Finance Create Revenue Streams According to Research and Markets, embedded financing in India would increase by 46% and reach USD 4,801.8 million in 2022. The key benefit of embedded finance for firms is the expansion of their revenue sources. Where it can be incorporated is covered in the list below: Electronic wallets The integration of digital wallets offers customers value and increased convenience. It also guarantees personalized services. They can only add or subtract credits, for instance, through the appropriate merchants. Insurance Businesses have the option to provide insurance coverage thanks to embedded financial companies. Instead of buying them individually, clients find it more convenient to get insurance straight from the service provider at the time of purchase. Purchase Now, Pay Later (BNPL) Business customers can obtain loans through the B2B BNPL programme to pay for their purchases. As a result, it raises their output and the revenue stream for vendors and retailers. Through its Pay Later service, the platform KredX provides a closed-loop financing option for B2B businesses.
- 2. Payments Embedded Some companies concentrate on integrating embedded payment methods like secured cards, co-branded payment cards, and payment installation. For instance, automakers are incorporating payment methods that let customers purchase fuel without leaving the vehicle. To sum up The fintech industry's burgeoning embedded lending segment has enormous growth potential in India. A better customer experience is made possible by the seamless integration of financial services into non-financial organizations. It increases revenue streams for organizations and aids in client acquisition.