The Asia Pacific Embedded Finance Market would witness market growth of 31.1% CAGR during the forecast period (2023-2029).
Increasing numbers of fintech companies are forging new ground in the insurance industry by developing cutting-edge platforms and creating contextual insurance goods and services. As a result, the market's expansion into new market segments is accelerated. The corporate structure is becoming more digitalized, leading to a flourishing and evolving digital lending market. Companies in the fintech sector are developing and introducing new technology to improve the client experience. Through cutting-edge fintech, the Indian insurance sector has also contributed to the growth of the business.
Embedded finance, characterized by integrating financial services with non-financial products & services like mobile applications and online markets, signifies a paradigm shift in how financial services are provided. For instance, social networking sites like WhatsApp and Facebook now support digital payments and peer-to-peer money transactions.
The Asia-Pacific region is also anticipated to grow significantly, which will improve the popularity of mobile and Internet banking in the region's developing countries like Singapore, China, and India. A substantial rise in e-commerce is fueling the sector's expansion. In addition, the high degree of Internet and mobile banking adoption in the area promotes using digital banking services for retail payments.
In addition, several regional governments are launching programs to improve access to financial services. For example, the Reserve Bank of India (RBI) has promoted mobile payments, one of the main factors influencing the rise of embedded banking, by abolishing the transaction limit of $745 and allowing banks to set their limitations. Due to all these factors, the market has expanded significantly in this region.
The China market dominated the Asia Pacific Embedded Finance Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $31,505.1 Million by 2029. The Japan market is anticipated to grow at a CAGR of 30.3% during (2023 - 2029). Additionally, The India market would exhibit a CAGR of 31.9% during (2023 - 2029).
Based on End-use, the market is segmented into Retail, Travel & Entertainment, Manufacturing, Logistics, Healthcare and Others. Based on Business Model, the market is segmented into B2B, B2C, B2B2B and B2B2C. Based on Type, the market is segmented into Embedded Payment, Embedded Insurance, Embedded Investment, Embedded Lending and Embedded Banking. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Embedded Finance Market is Projected to reach USD 384.8 Billion by 2029, at a CAGR of 30.0%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Stripe, Inc., Finastra Group Holdings Limited (Vista Equity Partners), Zopa Bank Limited, Fidelity Information Services (FIS), Inc. (Payrix Solutions, LLC), Transcard Payments, LLC, Fluenccy Pty Ltd., Cybrid Technology Inc., Walnut Insurance Inc., Fortis Payment Systems, LLC, and Lendflow Inc.
Scope of the Study
Market Segments Covered in the Report:
By End-use
- Retail
- Travel & Entertainment
- Manufacturing
- Logistics
- Healthcare
- Others
By Business Model
By Type
- Embedded Payment
- Embedded Insurance
- Embedded Investment
- Embedded Lending
- Embedded Banking
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Stripe, Inc.
- Finastra Group Holdings Limited (Vista Equity Partners)
- Zopa Bank Limited
- Fidelity Information Services (FIS), Inc. (Payrix Solutions, LLC)
- Transcard Payments, LLC
- Fluenccy Pty Ltd.
- Cybrid Technology Inc.
- Walnut Insurance Inc.
- Fortis Payment Systems, LLC
- Lendflow Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Embedded Finance Market, by End-use
1.4.2 Asia Pacific Embedded Finance Market, by Business Model
1.4.3 Asia Pacific Embedded Finance Market, by Type
1.4.4 Asia Pacific Embedded Finance Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Embedded Finance Market
Chapter 4. Asia Pacific Embedded Finance Market by End-use
4.1 Asia Pacific Retail Market by Country
4.2 Asia Pacific Travel & Entertainment Market by Country
4.3 Asia Pacific Manufacturing Market by Country
4.4 Asia Pacific Logistics Market by Country
4.5 Asia Pacific Healthcare Market by Country
4.6 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Embedded Finance Market by Business Model
5.1 Asia Pacific B2B Market by Country
5.2 Asia Pacific B2C Market by Country
5.3 Asia Pacific B2B2B Market by Country
5.4 Asia Pacific B2B2C Market by Country
Chapter 6. Asia Pacific Embedded Finance Market by Type
6.1 Asia Pacific Embedded Payment Market by Country
6.2 Asia Pacific Embedded Insurance Market by Country
6.3 Asia Pacific Embedded Investment Market by Country
6.4 Asia Pacific Embedded Lending Market by Country
6.5 Asia Pacific Embedded Banking Market by Country
Chapter 7. Asia Pacific Embedded Finance Market by Country
7.1 China Embedded Finance Market
7.1.1 China Embedded Finance Market by End-use
7.1.2 China Embedded Finance Market by Business Model
7.1.3 China Embedded Finance Market by Type
7.2 Japan Embedded Finance Market
7.2.1 Japan Embedded Finance Market by End-use
7.2.2 Japan Embedded Finance Market by Business Model
7.2.3 Japan Embedded Finance Market by Type
7.3 India Embedded Finance Market
7.3.1 India Embedded Finance Market by End-use
7.3.2 India Embedded Finance Market by Business Model
7.3.3 India Embedded Finance Market by Type
7.4 South Korea Embedded Finance Market
7.4.1 South Korea Embedded Finance Market by End-use
7.4.2 South Korea Embedded Finance Market by Business Model
7.4.3 South Korea Embedded Finance Market by Type
7.5 Singapore Embedded Finance Market
7.5.1 Singapore Embedded Finance Market by End-use
7.5.2 Singapore Embedded Finance Market by Business Model
7.5.3 Singapore Embedded Finance Market by Type
7.6 Malaysia Embedded Finance Market
7.6.1 Malaysia Embedded Finance Market by End-use
7.6.2 Malaysia Embedded Finance Market by Business Model
7.6.3 Malaysia Embedded Finance Market by Type
7.7 Rest of Asia Pacific Embedded Finance Market
7.7.1 Rest of Asia Pacific Embedded Finance Market by End-use
7.7.2 Rest of Asia Pacific Embedded Finance Market by Business Model
7.7.3 Rest of Asia Pacific Embedded Finance Market by Type
Chapter 8. Company Profiles
8.1 Stripe, Inc.
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Partnerships, Collaborations, and Agreements:
8.1.2.2 Acquisition and Mergers:
8.2 Finastra Group Holdings Limited (Vista Equity Partners)
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Partnerships, Collaborations, and Agreements:
8.2.2.2 Product Launches and Product Expansions:
8.3 Zopa Bank Limited
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Recent strategies and developments:
8.3.3.1 Acquisition and Mergers:
8.4 Fidelity Information Services (FIS), Inc. (Payrix Solutions, LLC)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.5 Lendflow Inc.
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Partnerships, Collaborations, and Agreements:
8.5.2.2 Product Launches and Product Expansions:
8.6 Transcard Payments, LLC
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Product Launches and Product Expansions:
8.7 Fluenccy Pty Ltd.
8.7.1 Company Overview
8.8 Cybrid Technology Inc.
8.8.1 Company Overview
8.9 Walnut Insurance Inc.
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Partnerships, Collaborations, and Agreements:
8.10. Fortis Payment Systems, LLC
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Acquisition and Mergers:
TABLE 1 Asia Pacific Embedded Finance Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Embedded Finance Market, 2023 - 2029, USD Million
TABLE 3 Asia Pacific Embedded Finance Market by End-use, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Embedded Finance Market by End-use, 2023 - 2029, USD Million
TABLE 5 Asia Pacific Retail Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Retail Market by Country, 2023 - 2029, USD Million
TABLE 7 Asia Pacific Travel & Entertainment Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Travel & Entertainment Market by Country, 2023 - 2029, USD Million
TABLE 9 Asia Pacific Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Manufacturing Market by Country, 2023 - 2029, USD Million
TABLE 11 Asia Pacific Logistics Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Logistics Market by Country, 2023 - 2029, USD Million
TABLE 13 Asia Pacific Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Healthcare Market by Country, 2023 - 2029, USD Million
TABLE 15 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Others Market by Country, 2023 - 2029, USD Million
TABLE 17 Asia Pacific Embedded Finance Market by Business Model, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Embedded Finance Market by Business Model, 2023 - 2029, USD Million
TABLE 19 Asia Pacific B2B Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific B2B Market by Country, 2023 - 2029, USD Million
TABLE 21 Asia Pacific B2C Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific B2C Market by Country, 2023 - 2029, USD Million
TABLE 23 Asia Pacific B2B2B Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific B2B2B Market by Country, 2023 - 2029, USD Million
TABLE 25 Asia Pacific B2B2C Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific B2B2C Market by Country, 2023 - 2029, USD Million
TABLE 27 Asia Pacific Embedded Finance Market by Type, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Embedded Finance Market by Type, 2023 - 2029, USD Million
TABLE 29 Asia Pacific Embedded Payment Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Embedded Payment Market by Country, 2023 - 2029, USD Million
TABLE 31 Asia Pacific Embedded Insurance Market by Country, 2019 - 2022, USD Million
TABLE 32 Asia Pacific Embedded Insurance Market by Country, 2023 - 2029, USD Million
TABLE 33 Asia Pacific Embedded Investment Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Embedded Investment Market by Country, 2023 - 2029, USD Million
TABLE 35 Asia Pacific Embedded Lending Market by Country, 2019 - 2022, USD Million
TABLE 36 Asia Pacific Embedded Lending Market by Country, 2023 - 2029, USD Million
TABLE 37 Asia Pacific Embedded Banking Market by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Embedded Banking Market by Country, 2023 - 2029, USD Million
TABLE 39 Asia Pacific Embedded Finance Market by Country, 2019 - 2022, USD Million
TABLE 40 Asia Pacific Embedded Finance Market by Country, 2023 - 2029, USD Million
TABLE 41 China Embedded Finance Market, 2019 - 2022, USD Million
TABLE 42 China Embedded Finance Market, 2023 - 2029, USD Million
TABLE 43 China Embedded Finance Market by End-use, 2019 - 2022, USD Million
TABLE 44 China Embedded Finance Market by End-use, 2023 - 2029, USD Million
TABLE 45 China Embedded Finance Market by Business Model, 2019 - 2022, USD Million
TABLE 46 China Embedded Finance Market by Business Model, 2023 - 2029, USD Million
TABLE 47 China Embedded Finance Market by Type, 2019 - 2022, USD Million
TABLE 48 China Embedded Finance Market by Type, 2023 - 2029, USD Million
TABLE 49 Japan Embedded Finance Market, 2019 - 2022, USD Million
TABLE 50 Japan Embedded Finance Market, 2023 - 2029, USD Million
TABLE 51 Japan Embedded Finance Market by End-use, 2019 - 2022, USD Million
TABLE 52 Japan Embedded Finance Market by End-use, 2023 - 2029, USD Million
TABLE 53 Japan Embedded Finance Market by Business Model, 2019 - 2022, USD Million
TABLE 54 Japan Embedded Finance Market by Business Model, 2023 - 2029, USD Million
TABLE 55 Japan Embedded Finance Market by Type, 2019 - 2022, USD Million
TABLE 56 Japan Embedded Finance Market by Type, 2023 - 2029, USD Million
TABLE 57 India Embedded Finance Market, 2019 - 2022, USD Million
TABLE 58 India Embedded Finance Market, 2023 - 2029, USD Million
TABLE 59 India Embedded Finance Market by End-use, 2019 - 2022, USD Million
TABLE 60 India Embedded Finance Market by End-use, 2023 - 2029, USD Million
TABLE 61 India Embedded Finance Market by Business Model, 2019 - 2022, USD Million
TABLE 62 India Embedded Finance Market by Business Model, 2023 - 2029, USD Million
TABLE 63 India Embedded Finance Market by Type, 2019 - 2022, USD Million
TABLE 64 India Embedded Finance Market by Type, 2023 - 2029, USD Million
TABLE 65 South Korea Embedded Finance Market, 2019 - 2022, USD Million
TABLE 66 South Korea Embedded Finance Market, 2023 - 2029, USD Million
TABLE 67 South Korea Embedded Finance Market by End-use, 2019 - 2022, USD Million
TABLE 68 South Korea Embedded Finance Market by End-use, 2023 - 2029, USD Million
TABLE 69 South Korea Embedded Finance Market by Business Model, 2019 - 2022, USD Million
TABLE 70 South Korea Embedded Finance Market by Business Model, 2023 - 2029, USD Million
TABLE 71 South Korea Embedded Finance Market by Type, 2019 - 2022, USD Million
TABLE 72 South Korea Embedded Finance Market by Type, 2023 - 2029, USD Million
TABLE 73 Singapore Embedded Finance Market, 2019 - 2022, USD Million
TABLE 74 Singapore Embedded Finance Market, 2023 - 2029, USD Million
TABLE 75 Singapore Embedded Finance Market by End-use, 2019 - 2022, USD Million
TABLE 76 Singapore Embedded Finance Market by End-use, 2023 - 2029, USD Million
TABLE 77 Singapore Embedded Finance Market by Business Model, 2019 - 2022, USD Million
TABLE 78 Singapore Embedded Finance Market by Business Model, 2023 - 2029, USD Million
TABLE 79 Singapore Embedded Finance Market by Type, 2019 - 2022, USD Million
TABLE 80 Singapore Embedded Finance Market by Type, 2023 - 2029, USD Million
TABLE 81 Malaysia Embedded Finance Market, 2019 - 2022, USD Million
TABLE 82 Malaysia Embedded Finance Market, 2023 - 2029, USD Million
TABLE 83 Malaysia Embedded Finance Market by End-use, 2019 - 2022, USD Million
TABLE 84 Malaysia Embedded Finance Market by End-use, 2023 - 2029, USD Million
TABLE 85 Malaysia Embedded Finance Market by Business Model, 2019 - 2022, USD Million
TABLE 86 Malaysia Embedded Finance Market by Business Model, 2023 - 2029, USD Million
TABLE 87 Malaysia Embedded Finance Market by Type, 2019 - 2022, USD Million
TABLE 88 Malaysia Embedded Finance Market by Type, 2023 - 2029, USD Million
TABLE 89 Rest of Asia Pacific Embedded Finance Market, 2019 - 2022, USD Million
TABLE 90 Rest of Asia Pacific Embedded Finance Market, 2023 - 2029, USD Million
TABLE 91 Rest of Asia Pacific Embedded Finance Market by End-use, 2019 - 2022, USD Million
TABLE 92 Rest of Asia Pacific Embedded Finance Market by End-use, 2023 - 2029, USD Million
TABLE 93 Rest of Asia Pacific Embedded Finance Market by Business Model, 2019 - 2022, USD Million
TABLE 94 Rest of Asia Pacific Embedded Finance Market by Business Model, 2023 - 2029, USD Million
TABLE 95 Rest of Asia Pacific Embedded Finance Market by Type, 2019 - 2022, USD Million
TABLE 96 Rest of Asia Pacific Embedded Finance Market by Type, 2023 - 2029, USD Million
TABLE 97 Key information – Stripe, inc.
TABLE 98 Key Information – Finastra Group Holdings Limited
TABLE 99 Key Information – Zopa Bank Limited
TABLE 101 Key Information – Lendflow Inc.
TABLE 102 Key Information – Transcard Payments, LLC
TABLE 103 Key Information – Fluenccy Pty Ltd.
TABLE 104 Key Information – Cybrid Technology Inc.
TABLE 105 Key Information – Walnut Insurance Inc.
TABLE 106 Key Information – Fortis Payment Systems, LLC`
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Embedded Finance Market Share by End-use, 2022
FIG 3 Asia Pacific Embedded Finance Market Share by End-use, 2029
FIG 4 Asia Pacific Embedded Finance Market by End-use, 2019 - 2029, USD Million
FIG 5 Asia Pacific Embedded Finance Market Share by Business Model, 2022
FIG 6 Asia Pacific Embedded Finance Market Share by Business Model, 2029
FIG 7 Asia Pacific Embedded Finance Market by Business Model, 2019 - 2029, USD Million
FIG 8 Asia Pacific Embedded Finance Market Share by Type, 2022
FIG 9 Asia Pacific Embedded Finance Market Share by Type, 2029
FIG 10 Asia Pacific Embedded Finance Market by Type, 2019 - 2029, USD Million
FIG 11 Asia Pacific Embedded Finance Market Share by Country, 2022
FIG 12 Asia Pacific Embedded Finance Market Share by Country, 2029
FIG 13 Asia Pacific Embedded Finance Market by Country, 2019 - 2029, USD Million
FIG 14 Recent strategies and developments: Stripe, Inc.
FIG 15 Recent strategies and developments: Finastra Group Holdings Limited
FIG 16 Recent strategies and developments: Lendflow Inc.