Day 1

16:30

17:00

Switch Room

Embedded

Talk

Settle 27

Embedded lending, honestly

Default rates, unit economics and the three embedded lending models that survived 2026.

Hana Sato laughs during a conversation by the venue's steel beams.

Abstract

Tallis Ventures looked at 40 embedded lending products launched since 2022. Hana Sato shares the default rates, the unit economics and the three models still standing after 2026.

She also covers the ones that failed, with numbers, and what their founders would build instead.

Best for

Investor, Founder

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