The agreement between mmob and Satago, which is intended to ease the pain of digitization for lenders and corporates, comes as Juniper Research predicts that the embedded finance market would increase by an astounding 148% by 2028, hitting $228 billion in revenue.

Lenders and corporations will now be able to use a single line of code to include Satago's 3-in-1 Working Capital solution for small and medium-sized businesses (SMEs) into their digital platforms thanks to this agreement. This method minimizes the load on development teams by cutting the initial integration time needed to incorporate Satago down to a few hours. Because of its cloud-based infrastructure, the integration offers regular, recurring upgrades, making it an adaptable and efficient solution that grows with the organization using it.

Any SME that issues invoices can then simply use Satago's solutions for credit control, risk insights, and flexible invoice financing via the digital channels of corporations and lenders once they have been embedded.

"We're delighted to partner with mmob - combining our industry-leading Invoice Finance and Cash Flow Management solutions with their seamless integration technology," said Sinead McHale, CEO of Satago, in response to the news. Through this cooperation, we can expand the reach of our platform and enable lenders and corporates to integrate Satago's revolutionary Working Capital solutions into their systems in as little as two hours.

"This ultimately helps end users the most, since it makes it easier for us to give more worldwide partners—and their thousands of small business clients—access to the enhanced visibility, control, flexibility, and intelligence that Satago offers.”

"mmob and Satago have shared values of offering the right financial products to the people who need them most, in the right place at the right time," said Irfan Khan, the founder and CEO of mmob. SMEs are an excellent illustration of the end users who would profit from embedded finance, despite their long-standing neglect.

We are happy to be able to assist Satago in quickly integrating their invoice finance and cash flow management solution into SME-facing platforms, as it is an essential tool. Now that Mmob's universal API adapter has eliminated the financial and time hurdles for businesses looking to offer a new solution to their clients, integrating Satago is simpler than before.

"I am thrilled about the potential of this collaboration as our businesses grow together and these resources serve as many companies as we can."