SlipStream’s Guide to Monetizing Embedded Banking Solutions
Embedding financial services within your customer facing applications doesn’t just enhance customer experience and retention – it opens up lucrative revenue opportunities that can significantly boost your business’s bottom line and increase customer lifetime value (LTV).
According to McKinsey, the embedded finance market in the United States is valued at a staggering $20 billion. Embedded finance involves the integration of financial products like loans, insurance, and payments by non-financial companies into their broader offerings. Leading tech companies such as Shopify, Toast, and Housecall Pro have successfully leveraged embedded banking to cater to their unique customer needs.