5 Reasons Why Embedded Finance is Good for Your Business

What is embedded finance?

Embedded finance is the practice of bringing financial services into the regular platforms used by consumers or businesses. Think about paying for something online with a credit card, or ticking a box at an online checkout to add insurance to a purchase. These are all examples of embedded finance.

Why is embedded finance good for business?

1. Your Customers Can Easily Access a Service They Want

Happier customers stick around for longer.

2. You Diversify Revenue

Embedded finance companies typically share the rewards, paying a fee on new customers they acquire via your business.

3. You Get to Market Your Differentiator

You can offer a new service that your competition does not have, without any changes to your current ways of working.

4. It’s No Hassle

The embedded finance company should take care of its services in the background - operations, regulations, payments… An embedded model should be a hassle-free model for you to implement.

5. Your Customers Get a Better Deal Coming Through Your Company

The data you have on your customers (for example sales, inventory, service track record) can help the embedded finance company tailor their offers to give an unmatched deal to your customers.

Are you a business that counts small and medium sized enterprises (SMEs) as your customers? If so, drop us a line to hello@crediblex.io us to learn more about how CredibleX can help you improve your business with our regulated, embedded lending solution for your SMEs customers.

Interested in learning more about how your business can benefit from CredibleX? Reach out to us at hello@crediblex.io

Disclaimer:The information provided herein, including any opinions, views, or recommendations expressed, is for informational purposes only and should not be construed as financial advice. Any investment or financial decision should be made after thorough research and consideration of your own financial situation and risk tolerance. We do not assume any responsibility for the accuracy, completeness, or timeliness of the information provided.