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Will the slowing economy threaten fintech's boom?

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Fintech apps have recently seen a surge in take-up, a natural result of the reliance on digital technology in a bid to adapt to life in lockdown across Mena. As retail businesses scramble to get online and banks and exchange houses shutter their doors for the foreseeable future, fintech has become the one solution for consumers and businesses alike to conduct their financial services.

On 15 April, Wamda hosted a webinar, as part of a series on navigating COVID-19, on managing people and talent with Nathalie Spree, partner at True. Spree shared her views on the impact COVID-19 continues to have on businesses and the best way to approach talent management during these times. H ere's a summary of the key insights Nathalie shared.

Lowering the stress of financial troubles is key to maintaining mental and personal health during times like these. Wally's founder and chief executive Saeid Hejazi shared some tips on spending pre-crisis, setting a plan throughout, and a strategy to returning to normalcy during the recovery period from a position of strength.

Here are some of our upcoming online events:

Navigating COVID-19: Recessions, the runways for innovation?

Wamda is hosting, 'Recessions, the runways for innovation?' on April 23, with Jason Nadal, Centrado Advising, who will share insights on how businesses can be more prepared to cope with the impact of COVID-19. Register your interest.

Wamda X Startup Reveal: Cohort II

The second cohort of the Wamda X Fellows have been working hard on growing their businesses with the support of Wamda's seasoned mentors and team, and are ready to reveal what they've been working on. Register your interest, and join us as the startups pitch for investment in a two-day online event on April 29 and 30.

In case you missed it - here's our round-up from News Watch:

360VUZ raises $5.8 million in Series A

Disruptech invests in Khazna & Brimore

Vy Capital invests in India's Itilite

Hubpay raises seed investment

Mubadala Capital invests in US-based Unlearn.AI

Axeed labs announces $272,000 launchpad for startups, SMEs

Do you have a story you'd like to share with us? Drop us a line.

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Will the slowing economy threaten fintech's boom?

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