Hassan Reda’s Post

🏦 Embedded Finance : The Future of Fintech x Traditional FI's 🏦 As more people realize the value and convenience of embedded finance, it’s becoming a hot topic in fintech, with EY predicting that the global market value will reach $606B by 2025 — a marked increase from $246B in 2021. By 2025, embedded solutions such as AlgoPear, a cutting-edge fintech company transforming how credit unions offer embedded wealth-building services to their next generation of member, will be the norm. What is embedded finance? Embedded finance is the integration of financial services directly into the products and services of non-financial platforms. A broad definition of embedded finance ranges from retailers offering in-house credit options to online platforms incorporating banking services. The ultimate goal of an embedded finance offering is to streamline financial transactions, making them more accessible, convenient, and tailored to the specific needs of users. Ideally, the customer experience is so seamless that the user doesn’t notice the revolutionary technology behind the scenes. This innovative approach of embedded investing eliminates the barriers that often deter potential investors from traditional investment platforms, creating a more inclusive and user-friendly experience. By embedding investment services directly into non-financial applications, individuals can explore and enter financial markets without the need for separate investment accounts or specialized tools. This not only simplifies the user experience but also encourages a broader audience to access financial services and participate in wealth-building activities. Startups like AlgoPear exemplify the success of embedded invest-tech solutions, offering commission-free trading directly within their app. Embedded finance is more than a trend — it represents a fundamental shift in how we perceive and engage with financial services, promising a future where financial empowerment is within reach for everyone. #CreditUnions #CommunityBanks #Fintech #innovation #Wealth #DigitalBanking #embeddedfinance

This a great down of what "Embedded Finance" is by our COO Ben Malena. A quick read and explanation on how startups like AlgoPear can help Financial Institutions with innovation!

The battle for the next digital revolution: embedded finance This unassuming yet powerful concept of embedded finance conquering the world is destined to redefine the way we think about financial services. The seamless integration of financial products and services into the everyday digital experiences of customers has been our reality for years. There are ways to effortlessly apply for a loan while browsing an e-commerce website, or instantly access insurance options while booking a vacation. This seamless integration of finance into the fabric of our digital lives is the essence of embedded finance. The rise of embedded finance is driven by the convergence of several key trends: the proliferation of digital platforms, the increasing demand for personalized and frictionless financial solutions, and the growing appetite for innovative fintech offerings. As a result, a wide range of industries, from retail and transportation to healthcare and entertainment, are recognizing the transformative potential of embedded finance. For businesses, the benefits are manifold. As they offer innovative financial services within their existing digital platforms, companies can enhance customer engagement, boost loyalty, and get new revenue streams. Moreover, the data-driven insights we get inform strategic decision-making and drive operational efficiencies. It is not without its challenges with traditional financial institutions, eager to maintain their stronghold, racing to develop their own embedded finance capabilities. However, innovative fintech firms are already disrupting the status quo with agile, user-centric solutions. As a business leader, it's time to take a long, hard look at your organization's digital strategy and consider how embedded finance can propel your company into the next growth phase. #EmbeddedFinance #FinTech #FutureOfFinance 

FinTech = money We love to create software to make money move! Have a glimpse at our contributions in the #fintech industry: 1) Property Tax Management Software for Denmark 2) www.zimpler.com 3) www.rate.com

Looking forward to this discussion, and giving some actionable tips!

From piles of paper and to digital ease of documentation in business finance As someone who's been in the business world for decades, I've seen firsthand how the business finance has changed. Back in the day, business owners faced numerous challenges when seeking finance compared to their PAYG counterparts. Let's take a look at how things have evolved: Past 📄 Traditional lenders demanded extensive documentation. It was a real headache for business owners to gather all the necessary documents like tax returns or financial statements. The process was slow and cumbersome. Present 💻 Nowadays, with the advent of online lenders and fintech platforms, the documentation process has become much simpler. Business owners can now submit documents digitally, significantly reducing the paperwork hassle. It's incredible to see how the finance landscape has transformed, making it easier for business owners to access the funds they need to grow and succeed. We've come a long way, and the future looks even brighter. #BusinessFinance #Fintech #Entrepreneurship #SmallBusiness #BusinessGrowth #FinanceEvolution

BNP Paribas Personal Finance UK Celebrates Successful Incubator Programme by Bringing Four New Innovative Solutions to Market Chief Executive Officer of BNP Paribas Personal Finance UK, Stephen Hunt FCA shared: “As a leading finance provider serving over 4 million customers, it is essential that BNP Paribas Personal Finance UK remains at the forefront of innovation and is constantly looking for new products and services that can make our customers’ lives easier. “The ability to bring these groundbreaking solutions to our customers showcases the true value of the Innovation Lab programme both to our business, but to the wider financial services sector too.” https://lnkd.in/efscBQzW Vita Woods Hilary Smyth-Allen Jean-Laurent Bonnafé Yann Gérardin Thierry Laborde Laurent David Elise Hermant #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

Sustained collaboration and innovation are vital for maintaining the UK’s leadership in #FinTech and ensuring a dynamic and inclusive ecosystem benefiting both consumers and businesses 🚀 🔗 https://lnkd.in/gnUhCjKM #InnovateFinance Innovate Finance #WorldCommerceReview

Excited to share something close to my heart and crucial for all you aspiring entrepreneurs out there! 🚀 Qonto is changing the game for business banking, making the daunting task of company creation a breeze. With features like free payment cards, instant transfers, and an intuitive interface, we’re here to streamline your journey from startup to success. Dive into Qonto’s world and see how we can support your business dreams with unparalleled efficiency and ease. #CreateYourCompanyWithQonto

MD Finance report shows fintech companies with the highest chances of funding: The new fintech snapshot report by MD Finance shows that interest in quality fintech companies with robust metrics is still alive and well.