The future of BaaS is bright and promising. As more non-financial companies introduce new financial offerings with the help of BaaS, partnerships between banks and other entities are likely to expand and grow stronger.
Additionally, we can expect the BaaS model to be increasingly adopted across a range of industries beyond traditional financial services, such as e-commerce, healthcare, retail. This can drive competition among players as well as foster greater innovation and development of new financial products and services.