Agile Fintech Startups: Key Drivers For Success In Fragile Environment

Abstract

Coronavirus pandemic has transformed businesses around the globe, making firms to rethink and rework completely on their processes.The factors like Social distancing, subsequent lockdowns, and othertravel restrictionswhich were unleashed by the COVID-19 crisishave urged lot of people to switch to online mode of buying the required items.If one explores the post-crisis opportunities for the firms, fintech sector has stepped in disruptive innovation and is likely to generate new and embracing solutions. Fintech companies have already initiated in working on their mission and business models after COVID-19.In this back drop, it is very evident that COVID-19 has created incredible opportunities for the Fintech startups and the challenges faced by Fintech startups in tapping the same opportunities need to be studied. Hence, based on the intensive review of literature from various secondary sources an attempt has been made to explore the challenges and opportunities created by COVID-19 Pandemic Outbreak for the sustenance of Fintech startups.