Report Description

Embedded finance is revolutionizing industries by seamlessly integrating financial services into non-financial platforms and applications. Singapore, recognized for its robust fintech ecosystem and supportive regulatory framework, is poised at the forefront of this transformation. It is estimated that the global embedded finance market across the entire value chain will rise substantially from $264 billion in 2021 to $606 billion by 2025, representing remarkable CAGR growth of 23%. Even more notable is the projection that Asia Pacific will account for $305 billion, approximately 50% of the 2025 global market value.

Asia Pacific, especially Southeast Asia, holds tremendous promise for embedded finance development given the region's young and aspirational population, advanced digital maturity, vibrant fintech ecosystem, and receptivity of consumers to digital disruption and new financial services consumption models. Companies in the region have a valuable opportunity to capitalize on this potential by strategically adopting embedded finance solutions. solutions to enhance customer loyalty, streamline processes, reduce costs, and tap into new revenue streams. As an example, a Singaporean construction firm utilizing an embedded finance solution from DOXA, reduced staffing requirements by 30% in its payments group.