By Christoph Gugelmann, CEO of Tradeteq and member of the ITFA Fintech Committee.
The challenges facing countless small businesses following the COVID-19 pandemic do not need to be reiterated. Everyone is aware of the challenges posed by the lockdown measures, especially as governments brace for the second wave, and the toll this has had.
The recovery efforts put in place following the impact of COVID-19 have also been considerable. While these schemes have softened the economic blow, they are somewhat short-term and do not address the underlying symptoms – the lack of national and cross-border trading opportunities caused by the global economic slowdown.
Read more in Fintech Bulletin.
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