Fintech Europe

Fintech: COVID-19 Challenges and Opportunities As the world fights itself out of the uncertainty created by the COVID-19 pandemic, fintech companies are frustrated by several fronts. Most firms struggle to secure funding investments, especially startups since investors shift their focus on companies with defined business models. Furthermore, the current interest rates status has deteriorated following the economic shutdown. Consequently, many industries have changed their assumptions as of the larger economy shifts from response to recovery strategies. This forces firms to embrace new opportunities as the digital financial services and e-commerce take tremendous growth. While there is uncertainty in fintech's future, we still hope for new, innovative, and transformative solutions to take the front line. Analysis of the Challenges Faced By Fintech Firms Well, while much attention is directed on the crisis, a considerable impact of it is also experienced in fintech market place