For years before the pandemic struck, digital transactions grew briskly. Giant financial institutions were too busy raising bank fees and offering subpar services. As e-commerce firms took market share from brick and mortar retailers, the need for digital payment systems grew. Fintech stocks are today’s darlings.
Why?
When the pandemic caused a sudden shutdown for physically located businesses, companies scurried to build an online presence. Nascent fintech companies that had a modest customer base found themselves getting an explosion in registrations.
Now that the....More>>>