Financial technology (Fintech) has been a key driver of growth in the face of the ravages of Covid-19. As countries move past the economic downturn brought about by the pandemic, fintechs have improved access to financial services to the unbanked and underbanked.
The pandemic exposed and perhaps exacerbated the financial inclusion gaps among the underprivileged who lack access to financial services, with statistics showing that close to two billion people worldwide do not have access to financial institutions.