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Digital journeysJune 8 2020

Fintechs reboot strategies in response to crisis

Many fintechs have adjusted their strategies during the pandemic to meet the requirements of populations under lockdown. Which providers will thrive and which will struggle in the new normal?
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Someone asked me what the coronavirus pandemic means for the future of fintech. I guess they were of the mind that not much is happening and therefore many firms will shutter and close.

However, while you might imagine that, with businesses closed and the public locked in at home, nothing is going on, but there is actually a lot of activity in the fintech community. Critically, this involves firms pivoting and switching strategies to deal with the new world.

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