Top 10 ways fintechs can find positivity amidst COVID-19

Amber Donovan-Stevens
|Feb 26|magazine3 min read

10. "a huge opportunity for companies who were ahead of the curve and didn’t quite have a product-market fit"

“It’s going to be challenging for fintech. It relies on funding which is likely to slow down and be on less favourable terms. Founders everywhere are re-negotiating terms and trying to hold onto their teams. There’s a huge opportunity for companies who were ahead of the curve and didn’t quite have a product-market fit while for others, it’s the chance to increase their foothold. Already, smart people are tackling problems that simply weren’t there two weeks ago. I’m massively optimistic. Ultimately, sector’s like fintech are set up for this, with remote working capability and systems to innovate and respond. We’re well placed to support our customers through this, navigating a time none of us has lived through before.” - Vivi Friedgut, founder, Blackbullion.