Fintech app usage up 61 per cent year-on-year

04 May 2021
Financial Nigeria

Summary

The question on whether the upsurge in the usage of fintech is a long-term one will be answered as lockdown restrictions are eased around the world. - Nigel Green, founder and CEO of deVere

Nigel Green, founder and CEO of deVere Group

The use of financial technology (fintech) apps has increased by more than 61 per cent since COVID-19 became a pandemic last year. This is according to deVere Group, one of the world’s largest independent financial advisory and fintech organisations.
 
James Green, deVere Group’s Divisional Manager of Europe, notes: “Pre-coronavirus, we were already in an exciting new era driven by the lightning pace of the digitalisation of our everyday lives. But like so many areas of our lives, the pandemic has accelerated this trend.”
 
Fintech allows all clients’ personal financial services to be dealt with online and/or on their mobile devices, wherever they choose to be, according to Nigel Green, founder and CEO of deVere.

He said the question on whether the upsurge in the usage of fintech is a long-term one will be answered as lockdown restrictions are eased around the world.


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