Question 1

What is embedded finance?

Accepted Answer

At its simplest definition, embedded finance is the integration of financial services like lending, payments, and insurance directly into the workflows and customer experience of non-financial applications such as software for travel, enterprise resource planning, procurement, and ecommerce.

Question 2

What are examples of embedded finance?

Accepted Answer

One of the most common types of embedded finance is embedded payments. Embedded payments is a term for payment solutions, such as virtual cards, that are integrated natively into another software, platform, or product. You may have experienced embedded payments when you have made a purchase on an ecommerce platform that offered buy-now-pay-later at checkout.

Question 3

How does embedded finance work?

Accepted Answer

To explain how embedded finance works, let’s look at embedded payments. Through the use of APIs (application programming interfaces), one company’s payments capabilities can be surfaced to users natively within the workflows of another company’s non-financial software. This allows customers of the software to leverage payment capabilities without leaving the software. For example, if payments are embedded, an employee booking a flight in their corporate travel solution can then also pay for the flight without leaving the platform, with 100% reconciliation.

Question 4

What is the main advantage of embedded finance?

Accepted Answer

With digital payments – especially in B2B - growing year over year worldwide, many non-financial software vendors are seeking to offer payments within their products. However, building and managing such financial services in house is an incredibly resource-intensive process. Embedded finance offers B2B companies a way to skip the costly building phase and jump right to delighting their customers with financial services natively in their current non-financial software product.

Question 5

What types of companies use embedded finance?

Accepted Answer

Embedded finance is often used by software vendors, SaaS companies, and business marketplaces platforms. It’s particularly common in B2B software for enterprise resource planning (ERP), travel, procurement, and procure to pay. Embedded finance offers a secure, fast way for B2B software vendors and other companies to generate revenue and accelerate their business growth.

Question 6

What problems does embedded finance solve?

Accepted Answer

When non-financial software vendors take their eyes – and their resources – off their core competency to build financial services in house, it diverts their resources away from what they do best, which then jeopardizes their business performance and customer experience. In trying to stand up financial services and simultaneously run their business, they end up doing neither thing optimally. Embedded finance solves this problem by allowing companies to embed another company’s already mature financial services product, whether payments, lending, or insurance, directly into their solution with little overhead or risk.

Question 7

Does Brex offer embedded finance?

Accepted Answer

Yes, Brex Embedded allows software vendors to integrate Brex virtual cards into their B2B software to unlock global payments with 100% reconciliation for customers. With Brex Embedded, even non-financial software vendors can serve global customers and create new revenue streams with payments in local currencies for 50+ countries with zero FX markups. They can automate core workflows across expenses, payments, and accounting, and deliver a great customer experience in days, not months, without the overhead of underwriting, onboarding, and credit risk.

Question 8

How do I implement embedded finance with Brex?

Accepted Answer

Building payments into your B2B software products is easy and fast with Brex Embedded. We understand that every company is different, and we can be flexible with how you want to integrate our global payments capabilities into your products – through robust APIs, support for industry-standard protocols, and leading providers like Conferma. We’d love to discuss your needs and what Brex Embedded can do for your business. To get in touch, just fill out the form here, and our embedded payments experts will be in touch to discuss your needs and how to get started.

Brex Embedded

Embed Brex virtual cards in your B2B software to unlock global payments with automated reconciliation.

Brex Embedded

Embed Brex virtual cards in your B2B software to unlock global payments with automated reconciliation.

Embed Brex cards into your product.

Building payments requires a ton of work, from creating a credit model to fighting fraud 24/7. So skip it — and let Brex Embedded take care of everything.

Unlock new revenue globally

Deliver best-in-class payment workflows

Credit and capital risk managed by Brex

Embedded finance in action.

Brex virtual cards can be integrated into procurement, travel, ERP, and other products.

“Combining Brex’s global card with Zip’s procurement workflows will eliminate the manual reconciliation that consumes hours of our team’s time.”

“Combining Brex’s global card with Zip’s procurement workflows will eliminate the manual reconciliation that consumes hours of our team’s time.”

Learn more about partnering with Brex.

Learn more about partnering with Brex.

Embed Brex cards your way.

You can tailor Brex Embedded to your unique product and business needs.

Robust set of APIs to manage cards

No-code embedding

Rich data to automate reconciliation

Robust set of APIs to manage cards

No-code embedding

Rich data to automate reconciliation

FAQ