The novel coronavirus, COVID-19, has brought challenging times for governments, businesses, and people. Over 2.4 million people have been affected globally. We’re now coming to terms with the widespread impact of a pandemic, which has put global economies and markets into significant trouble. The economic impact of COVID-19 is nothing like what we’ve seen before, and businesses across the globe have already started witnessing both short-term and long-term challenges. In our previous article titled The Impact of Coronavirus on Select FinTech Categories, we deep-dived into four FinTech categories, i.e., Payments, Lending, InsurTech, and WealthTech, to gauge the impact the pandemic would have on these segments. |
