Finance

Pushing Into a New Age for Digital Advertising – Alkimi Secures Top Exec in NED Role

London, United Kingdom, October 2nd, 2024, FinanceWire

Robert Bradley jumps on board the future of advertising

UK-based Alkimi, the world’s first decentralised ad exchange, is excited to announce the appointment of Robert Bradley as Non-Executive Director. Robert brings over 20 years of experience in the media industry, working for the biggest media brands, and leading digital innovation, commercial strategy, and ad tech operations, driving significant revenue growth across global markets.

As an advisor at Alkimi, Robert will leverage his extensive background in digital ecosystems, ad technology, and international commercial strategy to help scale Alkimi’s platform, bringing innovative solutions to the forefront of the advertising industry.

“Robert’s unparalleled expertise in the media sector, particularly in digital strategy and revenue growth, aligns perfectly with Alkimi’s vision of disrupting traditional advertising. At our core, we truly believe in addressing transparency at an industry level, reducing fees whilst gaining efficiency and working our way towards net zero emissions. Robert is the perfect fit to help move mountains with us and we are thrilled to have him on board as we continue to scale and innovate.” said Ben Putley, CEO & Co-Founder of Alkimi.

Bradley’s career has spanned key leadership roles at News Corp, IDG, CNN International Commercial (CNNIC). His current role as the Senior VP at CNNIC / Warner Bros. Discovery, Inc. where he spearheads commercial digital transformation and revenue growth across key digital assets. Alongside managing strategic partnerships across APAC, LATAM, and EMEA regions, he also has experience in managing multi-platform brand partnerships and ad sales, positioning him uniquely to guide Alkimi in its next phase of growth.

Having followed the highly motivated nimble team for several years, Bradley has been impressed by the meteoric rise, taking note of Alkimi’s transparency and low fees.

“Alkimi is at the cutting edge of the advertising industry, and I’m excited to be part of a team that’s revolutionizing how brands connect with audiences in a way that’s transparent, efficient and in a way media owners can benefit. I look forward to contributing to the company’s strategic direction and helping it achieve its ambitious goals,” said Robert Bradley, Non-Executive Director at Alkimi. 

Bradley’s breadth of experience in AdTech and programmatic advertising gives him unique insights, built from years of practical, hands-on senior roles within the ecosystem. Alkimi is not only a natural fit for Bradley, but the company will also benefit from his wealth of knowledge and leadership as it continues to expand its offerings, solidifying its position as a trailblazer in decentralised ad technology. Bradley will be making his first live panel appearance with Alkimi at Zebu Live in October.

About Alkimi

Alkimi is a decentralised replacement to the inefficient legacy programmatic ad exchanges with the mission to restore the value exchange between advertisers, publishers and users. Alkimi is a custom layer 2 scaling solution on the Ethereum network, specifically for advertising — which allows us to provide the fastest, infinitely scalable solution with 0% fraud, low transaction fees and complete end-to-end transparency.

About Robert Bradley 

Rob joins Alkimi, as a NED, to share his vast background of leading processes related to the digital ecosystem for Web2 companies, such as CNN and Warner Bros Discovery. He is eager to sustain innovation and monetisation of new products, leading ad tech, commercial strategy, TV and digital operations.

He has two decades of professional experience, including 6+ years as Senior Vice President at Warner Bros Discovery where he oversees Warner One’s commercial Strategy and Revenue. Prior to his current role Rob led commercial partnerships for CNNIC across the UK, US, and Nordics alongside overseeing international digital monetisation, ad operations and innovation. Rob’s illustrious career also includes stints at News Corp, OPW and IDG where he was the Head of Programmatic.

Contact

Associate Director of Marketing
Milly
Alkimi
[email protected]

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Brazil Embedded Finance Market Report 2024: Regulatory Changes Include Expansion of the Open Banking Framework, Regulatory Sandbox Initiatives and Consumer Protection Regulations

2024-10-02T12:39:47Z

Dublin, Oct. 02, 2024 (GLOBE NEWSWIRE) -- The "Brazil Embedded Finance Business and Investment Opportunities Databook - 75+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments - Q2 2024 Update" report has been added to ResearchAndMarkets.com's offering.

The Brazilian embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 26.2% from 2024 to 2029. Brazil's embedded finance revenues will increase from US$3.59 billion in 2024 to reach US$11.52 billion by 2029.

The embedded finance sector in Brazil has experienced substantial growth over the past few months, driven by the increasing integration of financial services into various digital platforms and the growing demand for seamless customer experiences. Key sub-segments, such as embedded payments and lending, have flourished as businesses leverage technology to improve service delivery and accessibility for consumers.

The embedded finance sector in Brazil is on a strong growth trajectory, driven by the increasing integration of financial services into digital platforms and the rising demand for seamless, customer-centric solutions. Over the past few months, significant product launches and strategic partnerships have propelled the sector forward, with key players like Marqeta, Gringo, and various insurtech startups leading the way in embedding financial solutions into everyday applications. This trend is further reinforced by supportive regulatory changes, such as the expansion of open banking frameworks and the introduction of regulatory sandboxes, which are fostering innovation while ensuring consumer protection.

As Brazil continues to advance its fintech ecosystem, the country is well-positioned to strengthen its leadership in the Latin American embedded finance landscape, reshaping how financial services are delivered and experienced by consumers.

Looking ahead, this growth is expected to continue, supported by ongoing advancements in fintech and government initiatives aimed at promoting financial inclusion. As more companies embrace embedded finance strategies, Brazil is poised to solidify its position as a leader in the Latin American fintech landscape, further transforming how consumers engage with financial services.



Product Launches and Innovations

  • Marqeta's Expansion into Brazil: In July 2023, Marqeta, a card issuer, expanded its operations in Brazil by partnering with Fitbank, a banking-as-a-service platform. This collaboration allows Marqeta's clients to access a platform licensed by Brazil's central bank, integrating with PIX, the country's real-time payment system, to streamline payment processes.
  • Gringo's Super-App Features: Gringo, a leading 'super-app' for drivers in Brazil, enhanced its platform by integrating additional financial services, including payment solutions and insurance offerings, to better serve its user base of over 5 million drivers.

New Embedded Insurance Products

Several insurtech startups introduced new embedded insurance products, allowing consumers to purchase coverage directly through digital platforms, simplifying access to insurance without the need for traditional processes. These launches highlight the rising trend of embedding financial services into everyday applications, enhancing user experience and accessibility in Brazil's rapidly evolving embedded finance ecosystem.

Strategic Partnership

  • Marqeta and Fitbank Partnership: In July 2023, Marqeta expanded into Brazil through a partnership with Fitbank, a banking-as-a-service platform. This collaboration allows Marqeta's customers to access Brazil's central bank-licensed platform and integrate with PIX, improving payment solutions for businesses operating in the country.
  • Gringo and VEF Investment: In January 2024, Gringo, Brazil's leading 'super-app' for drivers, secured significant investment from VEF, deepening their partnership. The investment aims to enhance Gringo's embedded finance offerings by integrating additional financial services into the app for its more than 5 million users.

These partnerships reflect the expanding integration of financial services across platforms in Brazil, enhancing accessibility and convenience for both consumers and businesses.

Regulatory Changes

  • Expansion of the Open Banking Framework: The Central Bank of Brazil has been refining its open banking regulations to promote competition and innovation in financial services. This initiative facilitates the sharing of financial data among institutions, enabling fintech companies to offer more integrated solutions.
  • Regulatory Sandbox Initiatives: The Central Bank has also expanded its regulatory sandbox framework, allowing fintech firms to test new products and services in a controlled environment. This approach fosters innovation while ensuring compliance with regulatory standards, supporting the growth of embedded finance solutions.
  • Consumer Protection Regulations: New regulations have been introduced to enhance consumer protection in digital payments and lending. These measures are designed to ensure transparency and safeguard users from potential risks associated with embedded finance products.

These regulatory developments underscore Brazil's commitment to fostering a supportive environment for the growth of embedded finance, encouraging innovation while maintaining consumer safety and market integrity.

This report offers a comprehensive, data-centric analysis of the embedded finance industry. It covers lending, insurance, payment, wealth and asset-based finance sectors and provides a detailed breakdown of market opportunities and risks across various sectors. With over 75+ KPIs at the country level, this report ensures a thorough understanding of embedded finance market dynamics, market size, and forecast.

It breaks down market opportunities by type of business model, consumer segment, and distribution model. In addition, it provides detailed information across various segments in each sector of embedded finance. KPI revenue helps in getting an in-depth understanding of end market dynamics.

Key Attributes:

Report AttributeDetails
No. of Pages130
Forecast Period2024 - 2029
Estimated Market Value (USD) in 2024$3.6 Billion
Forecasted Market Value (USD) by 2029$11.5 Billion
Compound Annual Growth Rate26.2%
Regions CoveredBrazil


Report Scope

This report provides in-depth, data-centric analysis of Embedded Finance industry in Brazil. Below is a summary of key market segments:

Brazil Embedded Finance Market Size and Forecast

  • Embedded Finance by Key Sectors
    • Retail
    • Logistics
    • Telecommunications
    • Manufacturing
    • Consumer Health
    • Others
  • Embedded Finance by Business Model
    • Platforms
    • Enabler
    • Regulatory Entity
  • Embedded Finance by Distribution Model
    • Own Platforms
    • Third Party Platforms

Brazil Embedded Insurance Market Size and Forecast

  • Embedded Insurance by Industry
  • Embedded Insurance in Consumer Products
  • Embedded Insurance in Travel & Hospitality
  • Embedded Insurance in Automotive
  • Embedded Insurance in Healthcare
  • Embedded Insurance in Real Estate
  • Embedded Insurance in Transport & Logistics
  • Embedded Insurance in Others
  • Embedded Insurance by Consumer Segments
    • B2B
    • B2C
  • Embedded Insurance by Type of Offering
  • Embedded Insurance in Product Segment
  • Embedded Insurance in Service Segment

Embedded Insurance by Business Model

  • Platforms
  • Enabler
  • Regulatory Entity
  • Embedded Insurance by Distribution Model
    • Own Platforms
    • Third Party Platforms
  • Embedded Insurance by Distribution Channel
    • Embedded Sales
    • Bancassurance
    • Broker's/IFA's
    • Tied Agents
  • Embedded Insurance by Insurance Type
    • Embedded Insurance in Life Segment
    • Embedded Insurance in Non-Life Segment
    • Embedded Insurance in Non-Life Segment
    • Motor Vehicle
    • Fire and Property
    • Accident and Health
    • General Liability
    • Marine, Aviation and other Transport
  • Other

Brazil Embedded Lending Market Size and Forecast

  • Embedded Lending by Consumer Segments
  • Business Lending
  • Retail Lending
  • Embedded Lending by B2B Sectors
  • Embedded Lending in Retail & Consumer Goods
  • Embedded Lending in IT & Software Services
  • Embedded Lending in Media, Entertainment & Leisure
  • Embedded Lending in Manufacturing & Distribution
  • Embedded Lending in Real Estate
  • Embedded Lending in Other
  • Embedded Lending by B2C Sectors
  • Embedded Lending in Retail Shopping
  • Embedded Lending in Home Improvement
  • Embedded Lending in Leisure & Entertainment
  • Embedded Lending in Healthcare and Wellness
  • Embedded Lending in Other
  • Embedded Lending by Type
    • BNPL Lending
    • POS Lending
    • Personal Loans
  • Embedded Lending by Business Model
    • Platforms
    • Enabler
    • Regulatory Entity
  • Embedded Lending by Distribution Model
    • Own Platforms
    • Third Party Platforms

Brazil Embedded Payment Market Size and Forecast

  • Embedded Payment by Consumer Segments
  • Embedded Payment by End-Use Sector
  • Embedded Payment in Retail & Consumer Goods
  • Embedded Payment in Digital Products & Services
  • Embedded Payment in Utility Bill Payment
  • Embedded Payment in Travel & Hospitality
  • Embedded Payment in Leisure & Entertainment
  • Embedded Payment in Health & Wellness
  • Embedded Payment in Office Supplies & Equipment
  • Embedded Payment in Other
  • Embedded Payment by Business Model
    • Platforms
    • Enabler
    • Regulatory Entity
  • Embedded Payment by Distribution Model
    • Own Platforms
    • Third Party Platforms

Brazil Embedded Wealth Management Market Size and Forecast

Brazil Asset Based Finance Management Industry Market Size and Forecast

  • Asset Based Finance by Type of Asset
    • Hard Assets
    • Soft Assets
  • Asset Based Finance by End Users
    • SMEs
    • Large Enterprises

For more information about this report visit https://www.researchandmarkets.com/r/vkkt40

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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