United Kingdom Embedded Finance Market Report 2023: Embedded Finance Firms are Raising Capital to Fund More Small Businesses and Merchants

DUBLIN, April 28, 2023 /PRNewswire/ -- The "United Kingdom Embedded Finance Business and Investment Opportunities Databook - 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments - Q1 2023 Update" report has been added to  ResearchAndMarkets.com's offering.

The current macroeconomic environment has created the perfect growth environment for embedded finance solutions, such as buy now pay later, in the United Kingdom.

Amid the rising cost of living and inflation, consumers have increasingly adopted the payment method at checkout to fund their purchases, both online and offline. Furthermore, the trend of embedded lending at the checkout has gained widespread momentum in the B2B space.

With competition intensifying in the country, many firms are raising capital to accelerate their growth. Other sectors, such as embedded insurance, are also gaining traction among consumers and businesses. Leading players, such as Amazon, have launched an embedded insurance service for its customers in the United Kingdom. As the fintech space continues to grow, the author expects the embedded finance market to record strong growth over the next three to four years.

Embedded finance firms are raising capital to fund more small businesses and merchants in the United Kingdom

Ever since the pandemic outbreak, the working capital demand has been on a consistent increase in the United Kingdom. The current macroeconomic environment has made capital access more difficult through traditional channels for small businesses and merchants. Consequently, embedded finance firms are raising capital to fund more businesses in the country.

• In October 2022, MarketFinance, the B2B BNPL provider in the United Kingdom, announced that the firm had raised £30 million credit facility to reach more small and medium enterprises that are seeking access to working capital. As of October 2022, the firm had provided more than £45 million to over 2,000 buyers through its embedded finance platform. The funding round will enable the firm to further provide capital to more businesses in need.
• In September 2022, Liberis, another embedded finance platform in the country, announced that the firm had raised US$154 million to expand its funding program to more SMEs. As of September 2022, the firm has provided nearly US$1 billion in financing to over 21,000 SMEs in the United Kingdom, Europe, and the United States. The capital round will further assist the firm to grow its disbursal and client base from the short to medium-term perspective.
• As the demand for working capital continues to grow among merchants and small businesses, the author expects more firms to raise funding from global private equity and venture capital firms. This will keep assisting the growth of the embedded finance market in the country.

United Kingdom-based embedded finance firms are expanding their presence in the global market

Globally, the demand for embedded finance solutions has surged significantly over the last three to four years, and the trend is expected to further grow from the short to medium-term perspective. To capitalize on the growing demand in the global market, UK-based firms are expanding their geographical footprint. For instance,

• In November 2022, Weavr, the United Kingdom-based embedded finance provider, announced that the firm is expanding its operations in Singapore. The announcement comes after the firm raised US$40 million earlier in 2022 to drive its expansion in the global market.

Through its embedded financing solution, the firm will assist digital businesses in Singapore to launch financial services at a relatively low-cost.

From the short to medium-term perspective, more firms are expected to expand their global footprint to accelerate growth.

Furthermore, global players are also projected to boost their presence in the growing embedded finance sector in the United Kingdom over the next three to four years.

Firms are forging strategic partnerships to offer embedded finance solutions to the hospitality sector

Across industries, embedded finance has grown into prominence over the last few years. This trend is projected to further continue, as businesses forge alliances to innovate and drive their business growth by targeting various industries.

• In December 2022, KodyPay, the payments platform in the United Kingdom, announced that the firm had selected Adyen to offer embedded financial services in the hospitality sector. The partnership will allow healthcare businesses to access payments and finance services seamlessly. Furthermore, healthcare businesses associated with KodyPay will also benefit from enhanced data and analytics capabilities offered by Adyen.

The publisher expects payment providers to forge more such alliances as they target increasing growth by offering embedded finance solutions to more businesses across different industries from the short to medium-term perspective.

According to the publisher, the Embedded Finance industry in the United Kingdom is expected to grow by 33.8% on annual basis to reach US$9,523.1 million in 2023.

The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 24.0% during 2023-2029. The embedded finance revenues in the country will increase from US$9,523.1 million in 2023 to reach US$25,810.0 million by 2029.

This report provides a detailed data centric analysis of market opportunity across 50+ segments in embedded finance industry covering lending, insurance, payment, wealth and asset based finance sectors.

Key Topics Covered:

1. About this Report

2. United Kingdom Embedded Finance Industry Market Size and Forecast

2.1. United Kingdom Embedded Finance - Revenue Trend Analysis, 2020-2029

2.2. United Kingdom Embedded Finance Market Share Analysis by Key Sectors

3. United Kingdom Embedded Finance Industry Market Size and Forecast by End Use Industry

3.1. Market Share Analysis by Key Sector

3.2. Retail - Embedded Finance Industry Revenue Trend Analysis, 2020-2029

3.3. Logistics - Embedded Finance Industry Revenue Trend Analysis, 2020-2029

3.4. Telecommunications - Embedded Finance Industry Revenue Trend Analysis, 2020-2029

3.5. Manufacturing - Embedded Finance Industry Revenue Trend Analysis, 2020-2029

3.6. Consumer Health - Embedded Finance Industry Revenue Trend Analysis, 2020-2029

3.7. Other Segments - Embedded Finance Industry Revenue Trend Analysis, 2020-2029

4. United Kingdom Embedded Finance Industry Market Size and Forecast by Business Model

4.1. Market Share Analysis by Business Model

4.2. Embedded Finance Industry Revenue Trend Analysis by Platform, 2020-2029

4.3. Embedded Finance Industry Revenue Trend Analysis by Enabler, 2020-2029

4.4. Embedded Finance Industry Revenue Trend Analysis by Regulatory Entity, 2020-2029

5. United Kingdom Embedded Finance Industry Market Size and Forecast by Distribution Model

5.1. Market Share Analysis by Distribution Model

5.2. Embedded Finance Industry Revenue Trend Analysis by Own Platforms, 2020-2029

5.3. Embedded Finance Industry Revenue Trend Analysis by Third Party Platforms, 2020-2029

6. United Kingdom Embedded Insurance Industry Revenue Trend Analysis, 2020-2029

7. United Kingdom Embedded Insurance Industry Market Size and Forecast by End Use Industry

7.1. Market Share Analysis by End Use Industry Segments

7.2. Consumer Products - Embedded Insurance Industry Revenue Trend Analysis, 2020-2029

7.3. Travel & Hospitality - Embedded Insurance Industry Revenue Trend Analysis, 2020-2029

7.4. Automotive - Embedded Insurance Industry Revenue Trend Analysis, 2020-2029

7.5. Healthcare - Embedded Insurance Industry Revenue Trend Analysis, 2020-2029

7.6. Real Estate - Embedded Insurance Industry Revenue Trend Analysis, 2020-2029

7.7. Transport & Logistics - Embedded Insurance Industry Revenue Trend Analysis, 2020-2029

7.8. Other - Embedded Insurance Industry Revenue Trend Analysis, 2020-2029

8. United Kingdom Embedded Insurance Industry Market Size and Forecast by Consumer Segment

8.1. Market Share Analysis by Consumer Segment

8.2. B2B Insurance - Embedded Insurance Industry Revenue Trend Analysis, 2020-2029

8.3. B2C Insurance - Embedded Insurance Industry Revenue Trend Analysis, 2020-2029

9. United Kingdom Embedded Insurance Industry Market Size and Forecast by Type of Offering

9.1. Market Share Analysis by Type of Offering

9.2. Product Based Insurance - Embedded Insurance Industry Revenue Trend Analysis, 2020-2029

9.3. Service Based Insurance - Embedded Insurance Industry Revenue Trend Analysis, 2020-2029

10. United Kingdom Embedded Insurance Industry Market Size and Forecast by Business Model

10.1. Market Share Analysis by Business Model

10.2. Embedded Insurance Industry Revenue Trend Analysis by Platform, 2020-2029

10.3. Embedded Insurance Industry Revenue Trend Analysis by Enabler, 2020-2029

10.4. Embedded Insurance Industry Revenue Trend Analysis by Regulatory Entity, 2020-2029

11. United Kingdom Embedded Insurance Industry Market Size and Forecast by Distribution Model

11.1. Market Share Analysis by Distribution Model

11.2. Embedded Insurance Industry Revenue Trend Analysis by Own Platforms, 2020-2029

11.3. Embedded Insurance Industry Revenue Trend Analysis by Third Party Platforms, 2020-2029

12. United Kingdom Embedded Insurance Industry Market Size and Forecast by Distribution Channel

12.1. Market Share Analysis by Distribution Channel

12.2. Embedded Sales - Embedded Insurance Industry Revenue Trend Analysis, 2020-2029

12.3. Bancassurance - Embedded Insurance Industry Revenue Trend Analysis, 2020-2029

12.4. Brokers/IFA's - Embedded Insurance Industry Revenue Trend Analysis, 2020-2029

12.5. Tied Agents - Embedded Insurance Industry Revenue Trend Analysis, 2020-2029

13. United Kingdom Embedded Insurance Industry Market Size and Forecast by Type of Insurance

13.1. Market Share Analysis by Type of Insurance

13.2. Life Insurance - Embedded Insurance Industry Revenue Trend Analysis, 2020-2029

13.3. Non-Life Insurance - Embedded Insurance Industry Revenue Trend Analysis, 2020-2029

14. United Kingdom Embedded Insurance Industry Market Size and Forecast by Non-Life Insurance

14.1. Market Share Analysis by Non-Life Insurance

14.2. Motor Vehicle Insurance - Embedded Insurance Industry Revenue Trend Analysis, 2020-2029

14.3. Fire & Property Damage - Embedded Insurance Industry Revenue Trend Analysis, 2020-2029

14.4. Accident & Health - Embedded Insurance Industry Revenue Trend Analysis, 2020-2029

14.5. General Liability - Embedded Insurance Industry Revenue Trend Analysis, 2020-2029

14.6. Marine, Aviation & Other Transport - Embedded Insurance Industry Revenue Trend Analysis, 2020-2029

14.7. Other - Embedded Insurance Industry Revenue Trend Analysis, 2020-2029

15. United Kingdom Embedded Lending Industry Market Size and Forecast, 2020-2029

16. United Kingdom Embedded Lending Industry Market Size and Forecast by Consumer Segment

16.1. Market Share Analysis by Consumer Segment

16.2. Business Lending - Embedded Lending Industry Revenue Trend Analysis, 2020-2029

16.3. Consumer Lending - Embedded Lending Industry Revenue Trend Analysis, 2020-2029

17. United Kingdom Embedded Lending Industry Market Size and Forecast by Business to Business (B2B) Sectors

17.1. Market Share Analysis by B2B Sectors

17.2. Retail & Consumer Goods Lending - Embedded Lending Industry Revenue Trend Analysis, 2020-2029

17.3. IT & Software Services - Embedded Lending Industry Revenue Trend Analysis, 2020-2029

17.4. Transport & Logistics - Embedded Lending Industry Revenue Trend Analysis, 2020-2029

17.5. Manufacturing & Distribution - Embedded Lending Industry Revenue Trend Analysis, 2020-2029

17.6. Real Estate - Embedded Lending Industry Revenue Trend Analysis, 2020-2029

17.7. Other - Embedded Lending Industry Revenue Trend Analysis, 2020-2029

18. United Kingdom Embedded Lending Industry Market Size and Forecast by Business to Consumer (B2C) Sectors

18.1. Market Share Analysis by B2C Sectors

18.2. Retail & Consumer Goods Lending - Embedded Lending Industry Revenue Trend Analysis, 2020-2029

18.3. Home Improvement - Embedded Lending Industry Revenue Trend Analysis, 2020-2029

18.4. Leisure & Entertainment - Embedded Lending Industry Revenue Trend Analysis, 2020-2029

18.5. Healthcare & Wellness - Embedded Lending Industry Revenue Trend Analysis, 2020-2029

18.6. Education - Embedded Lending Industry Revenue Trend Analysis, 2020-2029

18.7. Automotive - Embedded Lending Industry Revenue Trend Analysis, 2020-2029

18.8. Financial Services - Embedded Lending Industry Revenue Trend Analysis, 2020-2029

18.9. Other - Embedded Lending Industry Revenue Trend Analysis, 2020-2029

19. United Kingdom Embedded Lending Industry Market Size and Forecast by Type of Lending

19.1. Market Share Analysis by Type of Lending

19.2. BNPL Lending - Embedded Lending Industry Revenue Trend Analysis, 2020-2029

19.3. POS Lending - Embedded Lending Industry Revenue Trend Analysis, 2020-2029

19.4. Personal Loans - Embedded Lending Industry Revenue Trend Analysis, 2020-2029

20. United Kingdom Embedded Lending Industry Market Size and Forecast by Business Model

20.1. Market Share Analysis by Business Model

20.2. Embedded Lending Industry Revenue Trend Analysis by Platform, 2020-2029

20.3. Embedded Lending Industry Revenue Trend Analysis by Enabler, 2020-2029

20.4. Embedded Lending Industry Revenue Trend Analysis by Regulatory Entity, 2020-2029

21. United Kingdom Embedded Lending Industry Market Size and Forecast by Distribution Model

21.1. Market Share Analysis by Distribution Model

21.2. Embedded Lending Industry Revenue Trend Analysis by Own Platforms, 2020-2029

21.3. Embedded Lending Industry Revenue Trend Analysis by Third Party Platforms, 2020-2029

22. United Kingdom Embedded Payment Industry Market Size and Forecast, 2020-2029

23. United Kingdom Embedded Payment Industry Market Size and Forecast by End Use Segment

23.1. Market Share Analysis by End Use Segment

23.2. Retail & Consumer Goods Lending - Embedded Payment Industry Revenue Trend Analysis, 2020-2029

23.3. Digital Products & Services - Embedded Payment Industry Revenue Trend Analysis, 2020-2029

23.4. Utility Bill Payment - Embedded Payment Industry Revenue Trend Analysis, 2020-2029

23.5. Travel & Hospitality - Embedded Payment Industry Revenue Trend Analysis, 2020-2029

23.6. Leisure & Entertainment - Embedded Payment Industry Revenue Trend Analysis, 2020-2029

23.7. Health & Wellness - Embedded Payment Industry Revenue Trend Analysis, 2020-2029

23.8. Office Supplies & Equipment - Embedded Payment Industry Revenue Trend Analysis, 2020-2029

23.9. Other - Embedded Payment Industry Revenue Trend Analysis, 2020-2029

24. United Kingdom Embedded Payment Industry Market Size and Forecast by Consumer Segment

24.1. Market Share Analysis by Consumer Segment

24.2. B2B Payment - Embedded Payment Industry Revenue Trend Analysis, 2020-2029

24.3. B2C Payment - Embedded Payment Industry Revenue Trend Analysis, 2020-2029

25. United Kingdom Embedded Payment Industry Market Size and Forecast by Business Model

25.1. Market Share Analysis by Business Model

25.2. Embedded Payment Industry Revenue Trend Analysis by Platform, 2020-2029

25.3. Embedded Payment Industry Revenue Trend Analysis by Enabler, 2020-2029

25.4. Embedded Payment Industry Revenue Trend Analysis by Regulatory Entity, 2020-2029

26. United Kingdom Embedded Payment Industry Market Size and Forecast by Distribution Model

26.1. Market Share Analysis by Distribution Model

26.2. Embedded Payment Industry Revenue Trend Analysis by Own Platforms, 2020-2029

26.3. Embedded Payment Industry Revenue Trend Analysis by Third Party Platforms, 2020-2029

27. United Kingdom Embedded Wealth Management Industry Market Size and Forecast, 2020-2029

28. United Kingdom Asset Based Finance Management Industry Market Size and Forecast, 2020-2029

29. United Kingdom Asset Based Finance Industry Market Size and Forecast by Type of Assets

29.1. Market Share Analysis by Type of Assets

29.2. Asset Based Finance Industry Revenue Trend Analysis by Soft Assets, 2020-2029

29.3. Asset Based Finance Industry Revenue Trend Analysis by Hard Assets, 2020-2029

30. United Kingdom Asset Based Finance Industry Market Size and Forecast by End User

30.1. Market Share Analysis by End User

30.2. Asset Based Finance Industry Revenue Trend Analysis by SME's, 2020-2029

30.3. Asset Based Finance Industry Revenue Trend Analysis by Large Enterprises, 2020-2029

31. Further Reading

For more information about this report visit https://www.researchandmarkets.com/r/mrwtb9

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