ClearBank‘s recent research reveals an increasing awareness among UK corporates about the potential of embedded financial services. Instead of being mere boardroom decisions, senior business professionals now consider these services as strategic growth drivers.
The study delves into the perspectives of 200 top business professionals in established UK corporates. The findings reinforce the notion that embedded finance is transitioning from a peripheral to a central theme in strategic discussions.
Embedded financial services merge financial processes with a company’s existing offerings. They bring multiple benefits such as enhancing customer experiences, generating new revenue streams, and strengthening competitive advantage. Consequently, businesses increasingly view these services as a vital tool for corporate growth.
The Evolving Views on Embedded Finance
The shift in attitude towards embedded finance signifies a major shift in corporate strategy. This shift indicates a departure from traditional finance models and underlines the escalating importance of fintech in the business world. It implies that corporates are beginning to recognize the value these services add to their operations and growth.
ClearBank‘s research suggests this change in mindset is now widespread among large UK businesses. Companies are not only acknowledging the potential of embedded finance, but they are also actively incorporating it into their strategies. Hence, embedded finance is more than a fleeting trend—it’s poised to become a central element of corporate finance strategy.
As market dynamics evolve, businesses will likely expedite the implementation of embedded financial services. This move will further cement fintech’s role within corporates, highlighting its significance in propelling business growth. This trend underscores the value of integrating financial services within a company’s existing operations and the future potential it holds for corporate finance.
For more details about the research and insights into the changing views on embedded finance, check out the full report published by ClearBank.
