COVID-19 and Fintechs in Bangladesh—Impact and Resilience

The COVID-19 pandemic had a pronounced effect on fintechs in Bangladesh. MSC conducted this landscape study on fintechs with support from Visa in 2021 to evaluate the extent of this impact.

The report defines the impact of COVID-19 on fintechs and identifies the possible way forward. It draws insights from discussions with a mix of fintechs from early, growth, and mature stages, alongside other players in the ecosystem. The study  also analyzes data gleaned from other credible public sources of information, such as Bangladesh Bank, industry reports on fintechs, and leading national news outlets.

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By Samveet Sahoo , Anik Muntasir Chowdhury