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How Fintech Business Lenders Handle Coronavirus Crisis

  • Post category:FinTech News

Banks and insurance companies are not the only ones to mobilize to help companies in difficulties facing the coronavirus crisis. Fintech companies specializing in participatory small business loans also want to breathe new life into the small and medium-sized enterprises. The global economy finds itself affected by this crisis. All players in the financial sector are in limbo. Large banking networks have struggled on two fronts:

organizing branches and remote customer service;
setting up processes to meet state-guaranteed cash loan requests.