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Embedded Finance, Explained: Why Every App Wants to Be a Bank

Payments, lending and cards are moving inside everyday software. What it means for incumbents.

By Priya Raman, Technology & Business Reporter

Updated 1 min read

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Embedded Finance, Explained: Why Every App Wants to Be a Bank
Image: Unsplash

Embedded finance means offering financial services inside non-financial products: a software platform that lets customers take payments, an online marketplace that offers sellers loans.

Why companies do it

Financial services create new revenue and make a product harder to leave.

Who powers it

Specialist providers and licensed banks supply the regulated infrastructure behind the scenes.

What it means for banks

Banks can become invisible suppliers or partner actively to reach new customers.

Key takeaways

  • Why companies do it
  • Who powers it
  • What it means for banks

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About the author

Priya RamanTechnology & Business Reporter

Priya reports on how AI, software and cybersecurity are changing the way companies operate and compete.

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