How fintech might help corporations navigate this era of turbulence

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The phrase ‘unprecedented’ has been used so much in current weeks by totally different authors when speaking in regards to the ongoing pandemic – and it’s relatively apt. Within the UK at the very least, we have now skilled no nationwide disaster or occasion in residing reminiscence that compares. We’re in uncharted territory, and as a nation are having to work collectively to flatten the curve of an infection and reduce the strain on our NHS.

Whereas the approaching months look to be difficult for enterprise house owners, early indications counsel that the image is barely rosier for lots of fintechs. For instance, DeVere reported a 72% improve in utilization and, staggeringly, UK startup Glint App recorded a 718% improve in on-line gold purchases. Enterprise is booming, and evidently fintech corporations, removed from being in hassle, might be one of many few sorts of enterprise to emerge from the pandemic in a greater place.

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