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Demand for embedded finance soars amongst local SMBs

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pstrongSMBs (75%) are already looking to switch their banking solution provider./strong/p pThe majority (75%) of small and medium-sized businesses (SMBs) in Singapore want their baking solution provider for a like-for-like alternative from their software provider, data from Airwallex showed.

The majority of small and medium-sized businesses in Singapore want their baking solution provider for a like-for-like alternative from their software provider, data from Airwallex showed.

In addition, 62% believe that software-as-a-service platforms that offer embedded financial services can effectively serve their needs.

 

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