The Future of Core Banking and Embedded Finance

Our guest is Itai Damti, CEO of Unit, founded in 2019. Unit now partners with about 200 customers, ranging from public companies to start-ups. Customers include Invoice2Go (Bill.com), AngelList, Wix, Instawork, and more.

In the past, banking institutions have faced an enormous technological and personnel buildout to launch and manage an embedded finance—otherwise known as banking as a service—program. Just to build the technical foundation for tasks like reconciliation, end user identification, compliance, statements, reporting, and fraud, an institution needed 20 or more solutions.

In this episode, we cover what limited early fintech success, why embedded finance became essential to fintech success, and how fintech could redefine embedded finance’s future.

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Disclaimer:

The content on this website is solely for informational purposes and should not be interpreted as business, legal, regulatory, or investment advice. Statements made are solely the personal opinions of guests and are not their company’s statements, nor are they statements of fintech firsthand.