4 Factors Boosting Mobile Fintech In The Coronavirus Era

Consumer use of mobile finance, banking and insurance apps jumped 71% in 2019. In 2020, however, they’ve gone from a vitamin to a vaccine.

In other words: from nice-to-have to essential.

Why?

Mostly thanks to Coronavirus and the shut-down that countries have enacted as a result of it. Japan and South Korea saw jumps in usage of 85% from December of last year to March of this year. In the U.S., it’s been 35%, according to a report from Liftoff and App Annie.

But that’s just the beginning.

Get the full story in my post at Forbes …

 


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