The COVID19 Crisis Has Accelerated The Growth of FinTech

FinTech is one of the surging economic areas of the world. People have shown a desire to rather shop online than go outside to risk catching the coronavirus as expected, this has meant a growth in the digital payments sector. With banks closing shop and other locations seeing limited to no activity at all, people have had to move into online, digital payments as a means of keeping themselves from being stranded. Even people who preferred in-person shopping still had to open digital payment accounts as shops refused to collect cash and directed users to make online payments.