2020 is a year we will never forget. The coronavirus pandemic which began in Wuhan China by 2019 took the world by surprise and affected every industry, company and person. As both developed and developing nations have been brought to their knees by the pandemic, it was, and still is, a trying time for everybody.
However, in some areas the pandemic became the driving force behind new technologies as we quickly had to find solutions to the new reality of social distance and remote work. One of those industries is the FinTech industry, one that has helped companies transition from traditional banking into the financial digital market.
FinTech CEO Rati Tchelidze on why Europe is dominating the Fintech sector
Europe is a hotspot for FinTech companies, and it s not by coincidence
30 December 2020, 3:35pm
FinTech CEO Rati Tchelidze
Europe is a hotspot for FinTech companies, and it s not by coincidence. There are plenty of reasons why Europe is the perfect place for both startups and established FinTech companies to develop. In this article, Rati Tchelidze, Founder of Axios Holding explains what makes the European continent excellent for FinTech developments.
However, before jumping into why FinTech is doing so well in Europe, let s start with explaining what this sector is all about.