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Custom1 impact covid 19 funding blip or new normal for fintech

FINTECH · FUNDING · TRENDS & INSIGHTS

Impact of COVID-19 on Funding – A Blip or the New Normal for FinTech?

The novel coronavirus outbreak, which was first identified in Wuhan, China, has impacted businesses and people worldwide. The world has been trying to cope through the health and supply chain network crisis that the pandemic has brought upon businesses of all sizes. In the FinTech space, there has been reduced traction in terms of funding, but has it been that significant? To find out, we analyzed FinTech funding rounds from Jan. 2019 to April 2020 in this article.

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