added by sari · updated 2y ago
Moving FaaSt—The Finance-as-a-Service TechScape
- Just as the internet and web browser unlocked the previous shift, the new ease of embedding payments, lending, and other financial products will allow industry-specific software platforms (Vertical SaaS) to destroy multi-market/horizontal solutions like Salesforce. Ever smaller niches will be able to sustain venture-scale software companies because... See more
from The End of Software, Again by every.to
- Ultimately, leading players want to take over the rest of the finance space leveraging their user base, technology and brand. Payment companies doing loans. Payroll providers starting to act like aggregators of services. Accounting solutions doing planning. Expense management platforms doing procurement.
from Finance As A Service (FaaS)— Tech Stack for Modern Finance Teams by Geoff Charles
sari added
- A new set of platform players are emerging that follow a similar pattern. Much as Plaid allowed consumers to make their bank transaction data available to fintechs, these new platforms are giving fintechs access to payroll, insurance, credit, and ERP data.
from The Promise of Payroll APIs | Andreessen Horowitz by Andreessen Horowitz (AZ)
sari added