Finance markets

Analysis and forecasts of integrated finance markets in Europe,

Dublin, March 11, 2022 (GLOBE NEWSWIRE) — The report “Europe Embedded Finance Business and Investment Opportunities – 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments – Q1 2022 Update” has been added to from offer.

The European integrated finance sector is expected to grow by 35.6% on an annual basis to reach US$42,310.2 million in 2022.

The integrated finance industry is expected to grow steadily over the forecast period, registering a CAGR of 21.4% over the period 2022-2029. Integrated financial revenue in the region will grow from US$42,310.2 million in 2022 to US$121,508.7 million by 2029.

In Europe, integrated loans are becoming increasingly popular with consumers due to the growing popularity of the “buy now, pay later” loan model. Consumers are increasingly looking for a convenient and innovative payment option for online purchases.

BNPL loan mode is the most popular among consumers due to its affordability and convenience. Some of the major players offering the BNPL service include Klarna, PayPal Credit, and Splitit in the region.

Integrated loans are most popular in the UK compared to other countries in the European region. The UK is an early adopter of in-app lending options for making purchases. Buyers in the UK find retail financing a convenient way to spread the cost of expensive purchases.

Furthermore, the pandemic has also propelled the demand for embedded loans in crucial industrial segments in European countries. The trust factor is higher for traditional banks. However, convenience and speed are the key factors that have helped integrated lenders compete with traditional banks.

Market players are raising funds to expand their offerings for the business loan segment

The corporate lending segment offers a significant growth opportunity for post-pandemic integrated lending companies. Market players are raising funds to improve their offering and expand their presence in the business loan segment. This will help lending companies and ecosystem players to capitalize on the overall prospects of this market.