How can e-commerce and retail players leverage embedded finance to tap into the €3.5 trillion opportunity?
This event took place on Tuesday, June 7, 2022 at 11:05 AM UTC.
Venue: The Big Picture Stage, RAI In 2019, a16z’s Angela Strange predicted in the not too distant future, nearly every company will be a fintech company. The logic is straightforward: By embedding financial services at their customers’ point of need, companies of all sizes can drive up revenue, loyalty and stickiness. With an estimated $3.5 trillion addressable market size by 2030, embedded finance is a particularly outsized opportunity for the retail industry. And front-runners are already tapping into this opportunity – Walmart, for example, is investing heavily on building out financial services offerings. Yet, with so much at stake, only 22% retail leaders have implemented their embedded finance offerings. Join us in this session as we breakdown the embedded finance opportunity for the retail industry, identify the barriers holding retailers back, and the strategies they can adopt to kickstart their embedded finance offerings and leapfrog competitors.