Fintech: How COVID Affected Payments and the Underbanked

Written by pablomartinez | Published 2021/03/19
Tech Story Tags: fintech | edtech | familytech | covid-19 | underbanked | payments | finance | financial-technology

TLDR The COVID-19 pandemic was a disruptor in the purest startup sense, writes Pablo Martinez. He says the underbanked have been left behind by financial technology (fintech) and how developments on this front left them behind, exposing critical gaps in our financial systems. People who rely on cash tend to be at the lower end of the socioeconomic scale. Banking products afford upward social mobility, but advances in Fintech have left cash payments in the dust, wielding a very real — very devastating, human toll, he writes.via the TL;DR App

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Written by pablomartinez | Hello World
Published by HackerNoon on 2021/03/19