Fintech Adoption Expected to Spike Post COVID: Adkit Report

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Friday, May 22 2020

Written by FinTech News Brief Staff

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Business intel firm Adkit Ltd. issued a report detailing the impact the COVID-19 pandemic has had on fintech investments, specifically addressing the likelihood of the sector’s impending rebound. So reports CTech.

arrows 311332 640 small The report, titled “Fintech in the day after Corona: An extraordinary opportunity for growth,” points out the pandemic has yielded nearly a 20% drop in fintech investments between December of 2019 and March of 2020. However, it also states the pandemic is likely to quicken the adoption of fintech solutions as entities are becoming more recognizable and mainstream.

Read the full article from CTech.

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