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This report offers a comprehensive, data-centric analysis of the embedded finance industry. It covers lending, insurance, payment, wealth and asset-based finance sectors and provides a detailed breakdown of market opportunities and risks across various sectors. With over 75+ KPIs at the country level, this report ensures a thorough understanding of embedded finance market dynamics, market size, and forecast.
Canada’s embedded finance sector has experienced notable growth due to increased partnerships and innovations from financial institutions and fintech companies. Key advancements include personalized lending, integrated banking services, and enhanced payment solutions. The sector will expand further with support from regulatory changes and a focus on financial inclusion, driven by digital platforms and mobile technologies.
Growth in the Embedded Finance Sector
In the last few months, Canada has experienced significant growth in the embedded finance sector due to increased partnerships between financial institutions, fintech companies, and industries like retail, e-commerce, and telecommunications. These partnerships enable the seamless integration of financial services into day-to-day transactions and business operations.
In the next few months, Canada’s embedded finance market is set to expand, focusing on embedded lending, insurance, and payment solutions tailored to different sectors. The rise of digital platforms and mobile technologies is expected to drive financial inclusion and innovation in Canada’s financial ecosystem.
Key Developments in the Embedded Finance Sector
Product Launches and Innovations
- Liberis Embedded Finance Platform: Liberis launched its embedded finance platform aimed at small businesses. This platform provides personalized and flexible financing solutions using machine learning and AI-powered analytics. It integrates seamlessly with various business applications to enhance access to funding.
- RBC’s Digital Banking Solutions: Royal Bank of Canada (RBC) introduced new embedded banking features within its digital platforms, allowing users to directly access banking services such as loans and payment solutions through e-commerce sites and mobile applications.
- Wealthsimple’s Integrated Investment Tools: Wealthsimple expanded its offerings by launching embedded investment tools that allow users to manage their investments directly within various partner platforms, making investment services more accessible to a broader audience.
- Shopify’s Payment Solutions: Shopify enhanced its embedded payment processing capabilities, enabling merchants to offer seamless checkout experiences directly within their online stores, thus facilitating easier transactions for customers.
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Key Attributes:
| Report Attribute | Details |
| No. of Pages | 130 |
| Forecast Period | 2024 – 2029 |
| Estimated Market Value (USD) in 2024 | $3.6 Billion |
| Forecasted Market Value (USD) by 2029 | $10.8 Billion |
| Compound Annual Growth Rate | 24.9% |
| Regions Covered | Canada |
Scope
Canada Embedded Finance Market Size and Forecast
- Embedded Finance by Key Sectors
- Retail
- Logistics
- Telecommunications
- Manufacturing
- Consumer Health
- Others
- Embedded Finance by Business Model
- Platforms
- Enabler
- Regulatory Entity
- Embedded Finance by Distribution Model
- Own Platforms
- Third Party Platforms
Canada Embedded Insurance Market Size and Forecast
- Embedded Insurance by Industry
- Embedded Insurance in Consumer Products
- Embedded Insurance in Travel & Hospitality
- Embedded Insurance in Automotive
- Embedded Insurance in Healthcare
- Embedded Insurance in Real Estate
- Embedded Insurance in Transport & Logistics
- Embedded Insurance in Others
- Embedded Insurance by Consumer Segments
- B2B
- B2C
- Embedded Insurance by Type of Offering
- Embedded Insurance in Product Segment
- Embedded Insurance in Service Segment
Embedded Insurance by Business Model
- Platforms
- Enabler
- Regulatory Entity
- Embedded Insurance by Distribution Model
- Own Platforms
- Third Party Platforms
- Embedded Insurance by Distribution Channel
- Embedded Sales
- Bancassurance
- Broker’s/IFA’s
- Tied Agents
- Embedded Insurance by Insurance Type
- Embedded Insurance in Life Segment
- Embedded Insurance in Non-Life Segment
- Embedded Insurance in Non-Life Segment
- Motor Vehicle
- Fire and Property
- Accident and Health
- General Liability
- Marine, Aviation and other Transport
- Other
Canada Embedded Lending Market Size and Forecast
- Embedded Lending by Consumer Segments
- Business Lending
- Retail Lending
- Embedded Lending by B2B Sectors
- Embedded Lending in Retail & Consumer Goods
- Embedded Lending in IT & Software Services
- Embedded Lending in Media, Entertainment & Leisure
- Embedded Lending in Manufacturing & Distribution
- Embedded Lending in Real Estate
- Embedded Lending in Other
- Embedded Lending by B2C Sectors
- Embedded Lending in Retail Shopping
- Embedded Lending in Home Improvement
- Embedded Lending in Leisure & Entertainment
- Embedded Lending in Healthcare and Wellness
- Embedded Lending in Other
- Embedded Lending by Type
- BNPL Lending
- POS Lending
- Personal Loans
- Embedded Lending by Business Model
- Platforms
- Enabler
- Regulatory Entity
- Embedded Lending by Distribution Model
- Own Platforms
- Third Party Platforms
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Canada Embedded Payment Market Size and Forecast
- Embedded Payment by Consumer Segments
- B2B
- B2C
- Embedded Payment by End-Use Sector
- Embedded Payment in Retail & Consumer Goods
- Embedded Payment in Digital Products & Services
- Embedded Payment in Utility Bill Payment
- Embedded Payment in Travel & Hospitality
- Embedded Payment in Leisure & Entertainment
- Embedded Payment in Health & Wellness
- Embedded Payment in Office Supplies & Equipment
- Embedded Payment in Other
- Embedded Payment by Business Model
- Platforms
- Enabler
- Regulatory Entity
- Embedded Payment by Distribution Model
- Own Platforms
- Third Party Platforms
Canada Embedded Wealth Management Market Size and Forecast
Canada Asset Based Finance Management Industry Market Size and Forecast
- Asset Based Finance by Type of Asset
- Hard Assets
- Soft Assets
- Asset Based Finance by End Users
- SME’s
- Large Enterprises
For more information about this report visit https://www.researchandmarkets.com/r/avxoh0
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View source version on businesswire.com: https://www.businesswire.com/news/home/20240918822192/en/
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