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Embedder

Embedders, or non-financial brands, are the frontend in Embedded Finance. They are not fintech companies or financial institutions, but are offering financial services along their core non-financial offering (e.g., Shopify, Doctolib, Starbucks).

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Enabler

Enablers are the backend providers in Embedded Finance. They provide technology and/or regulatory coverage for non-financial brands to provide financial services (e.g., banking-as-a-service providers).

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