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Embedded Finance Forecast, Credit Markets 2025, New Tokenized World And More

Research Team

17 January 2025

2025 Outlook: Credit Markets

We expect liquid credit returns to decline due to low credit spreads and anticipated Fed easing. Direct lending returns should moderate but continue to outperform their liquid counterparts. Meanwhile, insurance-linked securities will continue to benefit from strong demand, and increased transaction volumes should support both specialty finance and credit opportunities managers. In emerging markets, currencies should become a tailwind for local bonds.

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The Big New Role for Private Credit

As we confront the need for huge capital expenditure for data centres, energy and the reshoring of industry to domestic markets, the open question is: who is going to finance it?  Nonetheless, leading private credit players, teaming up with insurers, could bridge an increasing portion of the finance needed for the coming investment demands.

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2025 Will Be a Brave New Tokenized World

Tokenization of real-world assets (RWAs) is revolutionizing the way we perceive and manage assets. “Tokenized RWAs,” or more simply the digital representation of physical or intangible assets using a token recorded on a blockchain, allows for the efficient recording, trading, transferring, and managing of tangible assets in a digital format.

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Instant Payments Regulation: What the 9 January 2025 IPR deadline means

Acronyms galore: those in the financial services industry must fully understand the ins and outs of the European Union’s (EU) Instant Payments Regulation (IPR) – that intends to ensure real-time payments are standardised in the Single European Payments Area (SEPA) – to bolster the digital economy and serve the evolving needs of consumers and businesses.

Further, the IPR aims to introduce enhanced security measures for faster transactions; remove barriers such as security concerns, accessibility gaps, and operational challenges; and enable PSPs to offer more value-added services and features to their customers.

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Embedded Finance Market Forecasts Report 2025-2030

The embedded finance market is expected to grow at a compound annual growth rate (CAGR) of 36.41% from US$146.171 billion in 2025 to US$690.386 billion in 2030.

The market growth is mainly attributed to the increasing popularity of online payment services, i.e., the growing demand for digital and convenient financial services is anticipated to drive the overall market growth. Furthermore, technological advancement, which provides seamless integration between non-financial and financial platforms, is making businesses secure to incorporate payment more conveniently.

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