FinTech
For the purposes of this report, a Fintech intermediary is any company that uses new technology, tools, and innovation to offer modular financial capabilities to brands and enterprises, in order to embed financial services in their customer offerings.
Abstract
For the purposes of this report, we classify a Fintech intermediary as any company that uses new technology, tools, and innovation to offer modular financial capabilities to brands and enterprises, in order to embed financial services in their customer offerings. Fintech intermediaries are often referred to as Banking-as-a-Service players and credited as powering the Embedded Finance trend which is expected to become a US$7T opportunity by 2030 1 . Investment in Fintech intermediaries to June 2021, is up 90 percent over all of 2020, amassing US$2.66B 2 .