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. https://www.netguru.com/blog/coronavirus-impact-fintech-stock-market
blog article
SHARESHARESHARE
CORONAVIRUS HITS ECONOMY. HOW FINTECH IS AFFECTED?
From stock market swings and billions wiped off of the airlines, hotels, transportation revenues to drug, soap or iPhone replacement shortages – the coronavirus outbreak is taking its toll on many business aspects of life. Euler Hermes calls this a "quarantined trade". The company's analysts estimated that Covid-19 costs $320bn of trade losses every quarter. But what about fintech? It’s not immune to the virus either. As the side effects of Covid-19 will be unfolding in the weeks to come, we’ll see some fintech or finance companies taking hits. But other companies or solutions will be gaining traction. TOMASZ GRYNKIEWICZ READ MORE