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Fintech Will Lead the Charge in the Post-COVID-19 Recovery

Source: FinTech Magazine

A new report by Fleishman Hillard predicts fintech will be instrumental in the global economic recovery, because it will remain profitable, and provide new opportunities for SMEs and for M&A.

While the pandemic has hit every industry, affecting growth and profitability, one sector, fintech, has remained solvent and profitable. As consumers and B2B companies shift their focus to a cloud-based approach to managing business, fintech is experiencing an unexpected demand for services. Corporations have been forced to move away from more traditional business models to accommodate the demand for services available online.