The Impact of Covid-19 on Fintech: Call for Response

The Cambridge Centre for Alternative Finance, World Bank Group and World Economic Forum are calling for input on the impacts of Covid-19 on the fintech industry.

The Cambridge Centre for Alternative Finance (CCAF) has partnered with the World Bank Group and World Economic Forum to launch a global research initiative to collect and analyse data on the impact that the Covid-19 pandemic is having on the fintech industry.

For regulators and policymakers, the generation of timely data and actionable insights through a globally comparable study is critical to inform evidence-based regulation and policymaking. As such, fintechs globally are being called upon to take part in this study by completing the Global Covid-19 Fintech Market Rapid Assessment Survey.

Organisations that represent a network of fintechs, such as industry associations, innovation hubs and investment funds, are requested to share the survey and encourage participation from those within their communities that represent fintechs.

The findings from the survey will help to shed light on the current state of the global fintech market, and inform regulators, central bankers and policymakers to take swift, appropriate and evidence-based actions.

This survey focuses on four areas: 1) trends in fintech market performance, 2) firm specific responses to Covid-19, 3) fintech’s regulatory needs and policy asks, and 4) operational changes and implications.

All survey data collected will be anonymised and aggregated before analysis and presentation. The findings will be published in a report (‘the Covid-19 FinTech Market Rapid Assessment Report’) by Q3 2020, to be distributed publicly.

The survey is available here. The submission deadline has been extended to 17 August 2020.

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