Embedded Finance - Use case 4 - CloudBankin – A digital loan software by Habile Technologies

In our #embeddedfinanceseries we have discussed on #embeddedpayments #embeddedcredit #embeddedinsurance

Let’s explore some more #embeddedfinance use cases today.

The cost of healthcare is a significant concern for many people. Additionally, inaccessible pricing and cloudy payment options can make treatment difficult or delayed.

Embedded finance can change these things as below –

Patients:
1) Improved access to healthcare services
2) Better financial planning
3) Unbiased loan approvals, even for sick borrowers

Lenders:
1) Increase their customer base
2) Leverage platform data to improve underwriting models
3) Boost cross-selling and upselling

Hospitals : 
1) Additional revenue from elective surgeries
2) Enhanced patient loyalty
3) Controlled revenue streams
4) Improve patient loyalty by offering installment-based financing 
5) Streamlines the payment collection process

#manispeaksmoney #embeddedfinance #healthcare #fintech 

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