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Global COVID-19 FinTech Market Rapid Assessment Study

Covid-19 has profoundly impacted financial systems across the world, including the provision of digital financial services and the functioning of FinTech markets. Recent anecdotal evidence suggests that the socio economic shocks associated with the global pandemic have severely disrupted some FinTech sectors, created opportunities to others and introduced a state of flux for many. As consumers and MSMEs increasingly look to digital financial channels and instruments for payment and remittances, saving or insurance solutions, as well as capital raising amid more stringent lockdown measures, there is an urgent need to gather empirical data from the FinTech markets.

The Cambridge Centre for Alternative Finance (CCAF) partnered with the World Bank Group and the World Economic Forum to conceptualize, design and deliver the Global Covid-19 FinTech Market Rapid Assessment Report.

World Bank
With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. The World Bank Group is one of the world’s largest sources of funding and knowledge for developing countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.