Embedded Finance Market Surges to $251.5 billion by 2029 - Dominated by Plaid, Inc. (US) and Klarna Bank AB (Sweden)

Delray Beach, FL, March 28, 2025 (GLOBE NEWSWIRE) -- The Embedded Finance Market is estimated at USD 115.8 billion in 2024 and is projected to reach USD 251.5 billion by 2029, at a CAGR of 16.8% from 2024 to 2029, according to a new report by MarketsandMarkets™. The embedded finance market is experiencing a massive disruption because of the development of technologies such as API, AI, and blockchain. This capability allows companies to incorporate financial services into their platforms, delivering consistent and unique solutions. Furthermore, demand for complex, value-added, readily available services that can be offered in real-time has prompted 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. These segments collectively offer a comprehensive overview of the evolving embedded finance landscape and its potential business implications. Browse in-depth TOC on "Embedded Finance Market" 208 - Tables 48 - Figures 232 - Pages Download Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=126584658 Embedded Finance Market Dynamics: Drivers: Digitization of Financial ServicesInstant Financial OperationsConsumer Accessibility Restraints: Data privacy concernsData Protection PoliciesRegulatory Compliance Opportunities: Financial InclusionEmpowering Businesses List of Key Players in Embedded Finance Market: 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)Additiv AG (Switzerland) Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=126584658 By 2029, the Embedded Finance market is expected to have a robust growth trajectory in terms of value. Substantial growth in the embedded finance market is driven by the rising digitalization of financial services and the emergence of customized solutions across diverse industries. The seamless integration of financial services into non-financial platforms is being facilitated by technologies such as APIs and artificial intelligence, which are playing a crucial role in this transformation. Sectors such as healthcare, eCommerce, and transportation are increasingly adopting embedded payments, lending, and insurance to improve customer experiences and streamline operations. This expansion is driven by both B2B and B2C models, as businesses collaborate with fintech providers to integrate financial services into their ecosystems. Customer relationships are being strengthened, new revenue opportunities are being unlocked, and the transformative power of embedded finance is being leveraged through these efforts by companies. Based on industry, the healthcare sector is expected to have the highest growth rate during the forecast period. The growing need for hassle-free, patient-focused payment solutions has led to the incorporation of embedded finance solutions into healthcare platforms. Digital health technologies, such as telemedicine and wearable devices, are driving the integration of payment, lending, and insurance options in the healthcare sector. Regulatory support for innovation in fintech and healthcare, along with the demand for affordable and precise billing systems, is speeding up adoption for embedded finance solutions. Moreover, collaborations between fintech companies and healthcare providers are making way for tailored financial products, enhancing patient access to care while simplifying embedded finance provider revenue cycles. These factors are driving the widespread adoption of embedded finance in the healthcare industry, supporting the growth rate of the embedded finance market and underscoring its transformative potential in the healthcare sector. Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=126584658 North America is expected to account for the largest market share in 2023. The Embedded Finance market has been studied in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. North America’s embedded finance market accounts for the largest share in 2023 and is expected to grow in the forecasted period. Fintech innovation is giving way to a thriving market in North America. Companies are now directly incorporating financial services, such as payments, lending, and insurance, directly into their core offerings. Companies such as Stripe, PayPal, and Plaid, which provide comprehensive solutions to enable other businesses to integrate financial capabilities efficiently, are leading the embedded finance sector in the United States. Canada is witnessing growth in the embedded finance market, with companies like Shopify integrating payment and financing options into their eCommerce platform, thus improving the customer experience. The US embedded finance market is more mature, whereas Canada is catching up and the market growth would be facilitated by its robust technology ecosystem and supportive regulation. Get access to the latest updates on Embedded Finance Companies and Embedded Finance Industry Contact Data 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. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. 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. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. In addition, MarketsandMarkets SalesIQ enables sales teams to identify high-priority accounts and uncover hidden opportunities, helping them build more pipeline and win more deals with precision. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Rohan Salgarkar MarketsandMarkets™ INC. 1615 South Congress Ave. Suite 103, Delray Beach, FL 33445, USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Visit Our Website: www.marketsandmarkets.com

Embedded Finance Market Surges to $251.5 billion by 2029 - Dominated by Plaid, Inc. (US) and Klarna Bank AB (Sweden)

FAQ

Why Bullish?

How important is it?

Why Long Term?

Related Companies

Related News