Affiliation:
1. Central Bank of Nigeria, Nigeria
Abstract
The chapter examines the role of embedded finance in increasing financial inclusion. The author shows that embedded finance increases financial inclusion by changing the way banked adults, unbanked adults, and SMEs interact with financial services. Embedded finance also provides greater access to finance for underserved adults and businesses and generates revenue for embedded finance service providers and banks, thereby presenting a win-win opportunity for both the users and providers of embedded financial services.