COVID-19 Has Given All Fintech Verticals A Boost Except Digital Lending
The COVID-19 pandemic has given the global fintech market a boost, with firms in areas including digital custody, digital asset exchange, digital savings, wealthtech and digital payments recording above-average increases in transaction volume in H1 2020, according to a joint study by the World Bank, the Cambridge Centre for Alternative Finance at the University of Cambridge’s Judge Business School, and World Economic Forum. The 2020 Global COVID-19 Fintech Market Rapid Assessment Study, released on December 3, shares findings from a survey of 1,385 fintech firms operating in 169 countrie...
Source: fintechnews.sg