Quarantines and lockdowns throughout the world have put a hold on both the global and national economies, causing companies to brace for the recession that experts say may follow.
In fact, some predict the COVID-19 crisis will institute a recession on par with the likes of 2009 or worse. But, how FinTech platforms will fair in this is unknown.
“Given the current COVID-19 crisis, we’re on the cusp of a major financial recession, which means we can expect two larger financial trends in the near future,” says Edrizio De La Cruz, co-founder and CEO of Arcus Financial Intelligence Inc., New York. “During […] Read more