Exclusive Q&A: Venmo GM on the Company’s ‘Natural Extensions’ into Business Payments
Retail TouchPoints
OCTOBER 21, 2022
McKinsey calls this embedded finance — when a financial product or solution is placed in a non-financial setting, for example on a social media platform or in a store (private label credit cards are one old-school example). Embedded finance has become big business: McKinsey estimated that the sector reached $20 billion in revenue in the U.S.
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