Highly configurable system enabling efficient customization of partnership relationships
Efficient partner onboarding tool – new partner can be onboarded within hours
Automated handling of commercial relationship with partners, e.g. revenue sharing
Vestigo
Embedded Finance
Partnerships
Embedded finance is key growth alley in banking and expected to account for 15% of revenue pool by 2030 according to some estimates. Vestigo’s Embedded Finance Partnerships capability supports management of relationships between financial institutions and non-financial partners with strong customer base such as retailers or various associations, and enables new revenue generation for all parties involved. Functionality is proven with a major, specialized, multinational B2B2C player.
Various business models supported: digital fintech partners and their ecosystem, B2B2C / B2B2B2C distribution partners, co-brand card partners, loyalty partners, industrial partners whose business processes are embedded, etc.
Summary
Significantly grow your business by running embedded finance partnerships at scale
Cooperate smoothly with heterogeneous set of partners from different verticals, with different commercial goals, operating and economic models and technologies
Increase operational efficiency through efficient product management
Maximize revenue potential of existing partnerships through up-selling / cross-selling
Have a single customer view across partners, while keeping segregation
Improve time to revenue through flexible and easy integration
Bank's strategies
Vestigo’s capabilities
Bank's strategies
Significantly grow your business by running embedded finance partnerships at scale
Cooperate smoothly with heterogeneous set of partners from different verticals, with different commercial goals, operating and economic models and technologies
Embedded Finance Partnerships module empowers efficient customization. Parameters include:
- Partner Group and sub partner structure
- Key contract terms
- Who does what (KYC, risk assessment, risk allocation, servicing process, contact mgmt)
Flexible integration model aligned with partner’s capabilities
Increase operational efficiency through efficient product management
Efficient product management – ability to handle thousands of partners based on a limited number of core products and offering variations
Maximize revenue potential of existing partnerships through up-selling / cross-selling
All core products on a single back-end system (credit, debit, prepaid, BNPL, Consumer loans, bank account, account-to-account payments, …) – once partnership established, significant potential to add new products
Have a single customer view across partners, while keeping segregation
Fully customer centric system
Single customer can have products via multiple embedded finance partners if desired from business perspective
Improve time to revenue through flexible and easy integration
API-first system with 200+ APIs as basis for smooth integrations to various partner portals
System enables effective cooperation with value-added service partners including loyalty providers, different kinds of insurances, airport lounge access, etc.
Vestigo’s capabilities
Let us know about your specific needs and we will be delighted to discuss how we can help you.