Fintech’s virus silver lining

Thriving fintech companies largely premise on two key principles; finding a plausible problem statement and providing a user-friendly solution to it.

IN RECENT weeks, Covid-19 has taken over every headline, publication and conversation. Information of this contagion has rooted in the minds and hearts of every global citizen to the extent where some are bracing themselves for the onset of the Armageddon.

Whilst leaders of every nation deliberate and weigh on the necessary measures to contain this contagion, the introduction of an interim semi standstill economy became the necessary evil to combat the spread of this outbreak. Indeed, this has translated to an impairment of economic growth.

A prolonged adoption of such measures will indeed adversely impact the livelihood of many; where perhaps even future stimulus handouts will be insufficient to remedy its effects.