T&S Asset Management

Lesson 2 of 6

Embedded finance: lending inside someone else's customer journey

Embedded finance places a loan inside an activity the customer is already doing, such as buying from a platform, selling on it or being paid through it. The platform brings the customer and the data; a licensed lender brings the money and the credit decision. The questions are how the work, the revenue and the responsibility are divided.

Published 12 October 2026 Members

In this lesson

  • What embedded finance is
  • Who brings what
  • The platform's data, and its limits
  • Sizing an embedded programme: a worked example
  • Risks for borrowers and for the lender
  • Questions to settle before launch