Virtual Executive Roundtable
Embedded auto lending - Africa: Providing faster and easier access to vehicle financing
24 November, 2022
12 PM South Africa
In Partnership with
For many, purchasing a vehicle is a series of hassles. It requires finding a suitable car, getting the first quote, and negotiating. Once the price is agreed upon, there's financing to arrange. In fact, 85% of new cars and 50% of used cars are currently purchased with financing.
BaaS and embedded finance have created an auto finance ecosystem in which auto aggregators are increasingly controlling the sales and financing process. Auto aggregator platforms are developing direct channels that allow buyers to shop online for loans and get them approved quickly. In this accelerated customer journey, credit approvals can take minutes instead of hours or even days.
In this roundtable, join us for a lively discussion that will catalyze new ideas and new partnerships to harness the power of embedded lending for auto finance.
Key Discussion Points
How auto aggregators are making inroads in the lending industry
What does the growth of aggregators mean to banks?
How is BaaS creating significant growth opportunities for consumers, auto aggregators, banks, and Finastra itself?
The need for collaboration: Finastra’s role is to connect and orchestrate both the distributors and providers of the ecosystem
12:00 pm South Africa
Welcome and Introductions | Connect Global Group
12:05 pm South Africa
Let's set the Scene | FINASTRA
12:10 pm South Africa
Open Discussion | Live discussion and interaction between roundtable attendees and panelists
13:15 pm South Africa
Closing Remarks | Connect Global Group
Executive Roundtable Panel
Executive Roundtable Participants from
About our Partner
Finastra is building an open platform that accelerates collaboration and innovation in financial services, creating better experiences for people, businesses and communities. Supported by the broadest and deepest portfolio of financial services software, Finastra delivers this vitally important technology to financial institutions of all sizes across the globe, including 90 of the world’s top 100 banks. Our open architecture approach brings together a number of partners and innovators. Together we are leading the way in which applications are written, deployed and consumed in financial services to evolve with the changing needs of customers. Learn more at finastra.com.