The exponential spread of the coronavirus across the world has dominated headlines globally. While the primary focus is on public health, there’s no denying the fact that the COVID-19 outbreak has also put economies around the world on ventilators as businesses have taken a hit. With financial markets experiencing high volatility and entire countries under lockdown, it is unknown how the FinTech industry will look like post the ongoing pandemic. |
Around the world, there has been a steep decline in the markets due to COVID-19. The world has been going through a major health and economic crisis for a while now. There have been disruptions to global trade and supply chain networks, which is impacting businesses of all sizes and resulting in market crashes. In the FinTech space, the M&A activities in the ecosystem were live even during this crisis. In this article, we analyze how the M&A ecosystem fared during the peak of the panic, i.e., February and March 2020. |
