Sam Corcoran’s Post

interesting overview of embedded finance in the region. this will be the major growth area over the next 18 months in fintech

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Founder & Partner @ Mingzulu | Board Member | Future of Financial Services | Fintech & Startup Advocate | Venture Capital | Public Speaker

A hot topic over the last few years #embeddedfinace is building momentum globally. Mingzulu are actively working with a number of organisations making waves in this exciting space and we've been watching the market closely during 2022-24. To support the community we recently teamed up with our Pioneers & research partner findexable to dig deeper into whats "really" happening on the ground across the Middle East & North Africa region. Headlines From Our Analysis: 🤙 Talk of the town: Embedded finance is big, critical for scaling digital ecosystems, and growing fast. The regional market for embedded finance is already valued at $10 billion. What's more it's expected to grow by 45% to 2030 (at rate that's more than 2x faster than the rest of the world). 💡 Look further for inspiration! The easy wins of fintech's first wave across MENA are behind us. That's not to say there aren't big opportunities out there, just that the next generation of MENA scale players will forensically understand how finance and data solve real world problems. For inspiration look to Africa's booming cohort of digitally-native firms where finance is simply a feature, not the sole function. 🔢 Embedded finance ain't binary (but it does have a formula): In the early stages successful scaling players understand intuitively how to combine real-world physical relationships (to forge partnerships, build traction) with excellence in tech execution + robust, reliable data governance. In growth markets where data is patchy and has to be assembled 'in-house' the challenge is even greater - as are the rewards for the firms that 'get it'. Building the right team that understands this is essential. Great to collaborate with Simon Hardie & the findexable team on this exercise - do reach out if you'd like to discuss more & engage on the topic. #Openfinance #Fintech #BaaS #Middleeast Fintech Tuesdays Arjun Vir Singh Chafic Idriss Mehdi El Amine Fichtali Mirna Sleiman Milon Veasey Michael Ryberg Hartmann Ben Lloyd Alvaro Rojo Sunil Varhadkar Elie Nasr More info. & report download is available via the blog: https://lnkd.in/dH9vjXps

Embedded Finance 2024: MENA Market Map

Embedded Finance 2024: MENA Market Map

mingzulu.com

Stefano Passarello

Accountant and Tax expert | Crypto Tax Specialist | Board Member | Co-founder of The Kapuhala Longevity Retreats

6mo

🙌Embedded finance is definitely gaining momentum globally! 📌 It's exciting to see Mingzulu actively involved in this space and teaming up with findexable to explore opportunities in the Middle East & North Africa region. The market's growth potential is impressive, and it's inspiring to witness its impact on scaling digital ecosystems. Sam Corcoran

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