> ## Content Index > Fetch the complete content index at: https://www.embeddedfinancereview.com/llms.txt > Use this file to discover other available public pages before exploring further. # November's 14 Embedded Finance Stories: Doctolib, Allegro, Viber & More - URL: https://www.embeddedfinancereview.com/novembers-14-embedded-finance-stories-doctolib-allegro-viber-more/ - Published: 2025-12-03T06:00:56.000Z - Updated: 2025-12-03T06:00:55.000Z - Description: Recap of November's top embedded finance news: Doctolib's expansion, Allegro's lending partnership, Visa's freight logistics platform, and insights from our podcast interviews. - Author: Lars Markull - Tags: Newsletter Hi Embedded Finance Friend This newsletter mailing brings me full circle. When I started summarising the biggest news of Embedded Finance in 2023, I actually started with a monthly mailing. Over time, this has turned into a biweekly newsletter and, eventually, a weekly newsletter. In the last few months, I've been wondering if there is an audience out there that wants monthly recap newsletters instead of weekly ones. Almost 2,000 subscribers read my weekly newsletter, but this monthly newsletter has only 10 subscribers as of today. Since the workload seems pretty manageable, I expect to continue this monthly mailing for at least half a year as a test. If you want to ensure I continue with it, make sure to tell all your co-workers, friends and family about it ;-) *PS: Of course, you can subscribe to the weekly *and* monthly editions. However, the monthly newsletter is a summary of the weekly editions, and no new content is added.* ## Embedded Finance Review Before we dive in, a quick update on my own activities: 1. I co-wrote a long article with Christian von Hammel-Bonten, "**The Five Most Common Mistakes When Building Embedded Finance Products**" [Read here](https://www.embeddedfinancereview.com/the-five-most-common-mistakes-when-building-embedded-finance-products/) 2. We hosted our **8th Event in Berlin**, and published a **recap on my website**: [Read here](https://www.embeddedfinancereview.com/events/embedded-finance-review-event-no-8-welcome-to-the-fintech-jungle/) 3. We are hosting our final **virtual event of 2025 on December 12th**. Join us for free and **discuss the highs and lows in Embedded Finance** in 2025: [Register now](https://luma.com/vbl2p81n?ref=embeddedfinancereview.com). Also, I am actively working on new events for 2026\. Please reach out if you want to support, partner or join. And now let’s dive in 👇 --- *From the Knowledge Hub:* 💡 Are you building Embedded Finance products? Check out my [slide deck](https://www.embeddedfinancereview.com/how-to-win-in-embedded-finance-my-29-slide-intro-guide/), [long article](https://www.embeddedfinancereview.com/the-complete-embedded-finance-primer-strategies-examples-and-revenue-models/) and [YouTube video](https://youtu.be/Fq4pcnpSJ0k?utm%5Fsource=www.embeddedfinancereview.com&utm%5Fmedium=newsletter&utm%5Fcampaign=your-embedded-investment-and-insurance-summer-reading-what-happened-in-2025-so-far&%5Fbhlid=4d70d17739423d397e96459469a087adb485a8b4). If you need additional support, visit [my website](https://www.embeddedfinancereview.com/work-with-me/) or get in touch with me. --- ## News In November 2025, I covered 14 different Embedded Finance stories. Short summaries with a link to my website for a more extended version (sorted by number of views): 1. **Doctolib** is moving from appointment booking to full practice software, positioning them to embed payments and other Embedded Finance products. [EFR](https://www.embeddedfinancereview.com/why-doctolibs-practice-management-move-makes-embedded-payments-inevitable/) 2. **Allegro** partners with **PKO Bank Polski** to launch embedded merchant lending and account-to-account payments, targeting 1 million new bank customers and PLN 1.5 billion in loans. [EFR](https://www.embeddedfinancereview.com/allegro-and-pko-bank-polski-launch-strategic-partnership-including-embedded-merchant-lending/) 3. **EAM's Savin** launches Germany's first embedded investment product in energy in partnership with **Evergreen**. Customers combine electricity payments with automated savings and investment. [EFR](https://www.embeddedfinancereview.com/eam-launches-embedded-investment-product-in-germanys-energy-sector/) 4. **SNCF Connect & Tech** launches **Tesmo Business Mobility**, an expense management platform with embedded cards powered by French BaaS provider **Swan**, targeting SME travel spending. [EFR](https://www.embeddedfinancereview.com/french-rail-operator-sncfs-digital-unit-launches-expense-management-platform-with-embedded-cards/) 5. **FLEET220** launches ODOS, an embedded payment card unifying EV charging, fuel, parking, and fleet expenses through **Visa** Fleet 2.0, **Enfuce**, and **Cardlay**. [EFR](https://www.embeddedfinancereview.com/fleet220-launches-odos-a-unified-payment-card-for-fleet-operations/) 6. **Viber Pay** switches from **Rapyd** to **Paynetics** for embedded finance infrastructure across 7 European markets, bringing Visa virtual cards to 1+ million users. [EFR](https://www.embeddedfinancereview.com/viber-pay-switches-infrastructure-provider-to-paynetics/) 7. **Triffin** and **Froda** partner to offer £100 million in embedded lending through AI-powered finance workflows for UK consumer brands. [EFR](https://www.embeddedfinancereview.com/triffin-embeds-100-million-lending-facility-into-ai-finance-platform/) 8. **Visa** and **Transcard** launch embedded finance platform for freight logistics, bringing flexible credit and automated payments to **WebCargo by Freightos**. [EFR](https://www.embeddedfinancereview.com/webcargo-launches-embedded-working-capital-through-visa-and-transcard/) 9. **Lyft** launches Cash Rewards, a prepaid wallet offering up to 5% cashback on rides. The closed-loop account combines loyalty with embedded finance for retention. [EFR](https://www.embeddedfinancereview.com/lyft-cash-rewards-how-lyft-built-a-prepaid-wallet-into-its-loyalty-program/) 10. **Revolut**'s **Booking.com** integration shows why they matter for embedded finance tracking. How travel and diversification drive their $75B valuation. [EFR](https://www.embeddedfinancereview.com/why-revoluts-booking-com-deal-matters-more-than-just-payment-processing/) 11. **HotelRunner** launches **Ruby**, travel-native embedded finance infrastructure for B2B payments. The platform handles cross-border settlements and targets $4B in transactions. [EFR](https://www.embeddedfinancereview.com/hotelrunner-launches-ruby-travel-native-embedded-finance-for-b2b-payments/) 12. Vertical fintech **Bueno** launches **Visa** cards for foreign property owners in Spain through a partnership with **Sefide** EMI, the Loomis-owned infrastructure provider. [EFR](https://www.embeddedfinancereview.com/vertical-fintech-bueno-adds-visa-cards-via-sefide-infrastructure/)a 13. Germany extends its payment card program from refugees to unemployed citizens without bank accounts. Fourteen states use **SocialCard, while two have chosen** alternatives, streamlining welfare distribution and reducing administrative burden. [EFR](https://www.embeddedfinancereview.com/germany-expands-payment-cards-beyond-refugees-to-unemployed-citizens/) 14. The US bank **Green Dot** is splitting into two businesses: Smith Ventures will acquire the embedded finance unit known for powering Uber's checking account, while CommerceOne will acquire the bank. Here's why the separation unlocks growth. [EFR](https://www.embeddedfinancereview.com/green-dot-splits-its-bank-and-embedded-finance-unit/) ## Podcast In November, I published two podcast episodes: 1. **Breaking into Embedded Finance: Building Your Fintech Team from Zero with Morten Laufer.** How non-financial brands build fintech teams from zero: expert insights on hiring product managers, compliance roles, and attracting top talent. [Full episode](https://www.embeddedfinancereview.com/podcasts/breaking-into-embedded-finance-building-your-fintech-team-from-zero-with-morten-laufer/) 2. **Building Embedded Payments Right with Alex Schoonkind from Embed**. Alex breaks down what it really takes to embed payments successfully: timing, misconceptions, support overhead, and why thinking as a financial services company matters. [Full episode](https://www.embeddedfinancereview.com/podcasts/building-embedded-payments-right-with-alex-schoonkind-from-embed/), --- Thank you for reading. I hope you enjoyed this edition. My newsletter, podcast, and event activities are free, but I need your support to continue. Please share Embedded Finance Review with your friends and coworkers, and let me know your feedback. And if you need help understanding, building, or launching an embedded finance product, visit [my website](https://www.embeddedfinancereview.com/work-with-me/) and get in touch. Best wishes from Berlin, Lars Markull ([LinkedIn](https://www.linkedin.com/in/larsmarkull/?ref=embeddedfinancereview.com))