So far, the fallout from the war has not posed a direct threat to financial stability. Financial markets have been highly volatile since the start of the invasion but continue to function in an orderly manner.
By responding to consumer needs for security, trust, privacy and lower cost services, the FinTech industry is poised to affect an array of financial services in a big way. More widely, I believe that FinTech has the potential to enhance financial inclusion and unlocking SMEs and microenterprise’ access to financing.