Partnerships and Collaborations, Innovation and CX, Growth of Fintech, Open Banking, Large Start-ups

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Swiss market for embedded finance business and investment opportunities

Swiss market for embedded finance business and investment opportunities

Dublin, May 21, 2024 (GLOBE NEWSWIRE) — The “Swiss Integrated Finance Business and Investment Opportunity Data – 75+ KPIs across Integrated Lending, Insurance, Payments and Wealth Segments – Q1 2024 Update” report has been added ResearchAndMarkets.com offer.

The integrated finance sector in Switzerland is expected to grow by 26.9% year-on-year to reach $1.67 billion in 2024.

The integrated finance sector is expected to grow steadily over the forecast period, registering a CAGR of 19.2% during 2024-2029. Integrated financial revenues in the country will increase from $1.67 billion in 2024 to $4.04 billion by 2029.

Key Drivers of the Swiss Embedded Finance Market: Switzerland has a well-established banking sector, known for its stability and confidentiality. Traditional banks are gradually adapting to the digital age by offering online and mobile banking services. However, the pace of innovation has been relatively slower than in fintech hubs such as the UK or US.

• Innovation and Customer Experience: Embedded Finance seamlessly integrates financial services within existing platforms, offering a convenient and frictionless customer experience. This resonates with the tech-savvy Swiss population, driving adoption.

• Fintech growth: Switzerland boasts a thriving fintech ecosystem, promoting collaboration between traditional banks and innovative startups. This synergy fuels the development and implementation of integrated financial solutions.

• Dubai’s largest lender, Emirates NBD, has made an equity investment in trade finance and treasury network Komgo. The company currently claims to have 10,000 business users worldwide and a daily transaction processing value of $1 billion.

• Partnerships and collaborations: Integrated finance often thrives through partnerships between fintech startups, traditional financial institutions, and non-financial companies such as e-commerce platforms, marketplaces, and ride-sharing services. These collaborations enable the integration of financial services into consumers’ everyday experiences.

• In February 2024, a historic agreement was signed between Switzerland and Panama, marking a significant step forward in the fight against financial crimes, including money laundering, terrorist financing and corruption.

Latest innovations in the integrated finance sector in Switzerland

Integrated Insurance: The integration of tailored insurance products within specific workflows is gaining traction. For example, integrated travel insurance offered within travel booking platforms. In October 2023, additiv, a global leader in integrated finance, announced that it will support Coop in the launch of Coop Finance+, a new comprehensive app for integrated financial services. At launch, Coop Finance+ offers individual banking products and pension solutions, with plans to further expand in the coming months. Services are provided by Hypothekarbank Lenzburg for banking and by Vanguard, OLZ, Liberty Vorsorge and Glarner Kantonalbank for pensions.

The story continues

• Open Banking: Open banking regulations allow for secure data sharing between financial institutions and third-party providers. This facilitates the development of innovative integrated financial solutions.

• Artificial Intelligence (AI) and Machine Learning (ML): These technologies are used for risk assessment, fraud detection and personalized financial product recommendations within integrated financial platforms. There have never been more active companies in the Swiss fintech sector, which numbered over 500 at the end of the first quarter of 2024.

• Large Swiss Startups Embedded Finance: In 2022, Zug-based tech startups raised around CHF 250 million in venture capital funding, making them the second largest recipient of fintech investments that year. The canton is widely known as the “Crypto Valley”, due to the high number of startups specializing in blockchain technology and cryptocurrencies located in the canton, including prominent industry names such as the Ethereum Foundation and Amina Bank, formerly known as SEBA Bank. and Bitcoin Suisse.

Key Attributes:

Scope

Size and forecasts of the Swiss embedded finance market

Integrated finance for key sectors

• See retail

• logistics

• Telecommunications

• Production

• Consumer health

• Others

Integrated finance by business model

• Platforms

• Enabler

• Regulatory body

Integrated finance for distribution model

• Own platforms

• Third Party Platforms

Size and forecasts of the integrated insurance market in Switzerland

Integrated insurance by sector

• Insurance integrated into consumer products

• Integrated travel and hospitality insurance

• Integrated insurance in the automotive sector

• Integrated health insurance

• Integrated insurance in the real estate sector

• Integrated insurance in transport and logistics

• Insurance incorporated into others

Integrated insurance for consumer segments

Integrated insurance by type of offer

Integrated insurance for business model

• Platforms

• Enabler

• Regulatory body

Integrated insurance for distribution model

• Own platforms

• Third Party Platforms

Integrated insurance by distribution channel

• Integrated sales

• Bancassurance

• Brokers/IFAs

• Bonded agents

Integrated insurance by insurance type

Integrated insurance in the Non-Life segment

Size and forecasts of the integrated lending market in Switzerland

Integrated loans for consumer segments

• Business loan

• Retail lending

Integrated loans for B2B sectors

• Integrated lending in retail and consumer goods

• Lending integrated into IT and software services

• Integrated lending in media, entertainment and leisure

• Integrated loans in the manufacturing and distribution sector

• Integrated loans in the real estate sector

• Loan incorporated into Other

Integrated lending by B2C sectors

• Loan integrated into retail purchases

• Loan incorporated into home improvement

• Integrated loans in the leisure and entertainment sector

• Loan embedded in the healthcare and wellness sector

• Loan incorporated into Other

Loan incorporated by type

• BNPL loans

• POS loan

• Personal loans

Integrated loans for business model

• Platforms

• Enabler

• Regulatory body

Integrated loans for distribution model

• Own platforms

• Third Party Platforms

Size and forecasts of the embedded payments market in Switzerland

Embedded payment for consumer segments

Integrated payment by end-use sector

• Integrated payment in the retail and consumer goods sector

• Payment integrated into digital products and services

• Payment incorporated into bill payments

• Integrated payment in travel and hospitality

• Integrated payment in the leisure and entertainment sector

• Payment integrated into health and well-being

• Payment integrated into office supplies and equipment

• Payment embedded in More

Built-in payment for business model

• Platforms

• Enabler

• Regulatory body

Built-in payment per distribution model

• Own platforms

• Third Party Platforms

Size and forecast of the Swiss embedded asset management market

Market size and forecast of the asset-based financial management sector in Switzerland

Asset-based finance by asset type

Asset-based finance by end users

For more information on this report, visit https://www.researchandmarkets.com/r/fig0fr

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