CROWDFUNDING IN A CRISIS
FINTECH
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CROWDFUNDING IN A CRISIS
Some businesses flourished in 2020 , namely enterprises which provided solutions to the immediate obstacles thrown up by the COVID-19 or could swiftly pivot to address global quarantine and vaccine efforts . The fintech sector was one such winner , starting from a position of power . Startups were already making advances in financial freedom , and their platforms , APIs and white label solutions met the new obstacles to daily life in a pandemic . Digital payments providers helped businesses adapt to the shift in online shopping ; mobile banking became the best way for business owners and consumers to maintain a grip on their finances , regardless of the status of their bricks and mortar branch ; and insurers began to rely more heavily on digital solutions for claims settlement and growth in written premiums .
FEBRUARY 2021