COVID-19 Presents A Massive Opportunity to Fintech Companies

The novice coronavirus pandemic presents a massive opportunity for finacial technology companies, or as fondly referred to as Fintechs. This is according to Munyi Nthigah, CEO, Codedesign Africa who says the behavioural change and the various protocols that different governments have instituted, provides an opportunity for new innovative services to be designed.

The proposed protocols – social distancing, restricted movement – will disrupt existing service models that rely on contact and pave way for technologies such as proximity payments and other contact-less technologies, an area where fintechs can play a big role.