Multiple sectors were heavily affected by the coronavirus pandemic. While some sectors observed a lull period, others recorded heavy user interest, and fintech, as a sector, falls into the latter category. Fintech companies have been doing notably well ever since the coronavirus pandemic began, which could be attributed to the fact that most transactions and services can now be availed online.
To help more fintechs thrive, global venture group, Team8 has launched Team8 Fintech, a practice focused on founding and scaling fintech companies. This venture group specialises in enterprise technologies, data, AI and cybersecurity and is backed by the likes of Barclays, Microsoft, Walmart, Cisco.