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COVID-19: How fintech helps businesses survive amid

The financial services sector has refurnished other business sectors with the adoption of digital methods that helps organizations strategically achieve a position in the market.

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Fintech has come a long way in automating and transforming the delivery of financial services. The sector has refurnished other business sectors with the adoption of digital methods that helps organizations strategically achieve a position in the market. Considering the pace at which the digital revolution is taking place, the fintech market is continuing to expand rapidly even in the wake of the COVID-19 pandemic. According to the estimates, the Indian fintech market was valued at around Rs 1,92,016 crore in 2019 which is projected to reach Rs 6,20,741 crore by 2025 at a CAGR of 22.7 per cent.

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