As the economy continues to falter globally due to the COVID-19 pandemic, uncountable businesses and jobs are on the line. Layoffs and salary cuts have already started happening, and people fear that the worst is yet to come.
In order to track and assess the health of the European fintech ecosystem, Amsterdam-based Finch Capital has come up with its annual State of European fintech report for the current year (2020). This report informs about a range of topics impacting the fintech industry including; where the sector is currently; the impact of COVID-19; the M&A conundrum; and trends. This follows an analytical report published in April of this year titled ‘FinTech: The Future Post CV-19’.