Impact of COVID-19 on FinTechs: Côte d’Ivoire

• by Elizabeth Berthe, Shailey Tucker and Achille Tefong
• May 5, 2021
• 1 min
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This report attempts to gauge the impact of the COVID-19 pandemic on FinTechs in Côte d’Ivoire and understand how the ecosystem adapted and evolved during 2020. It further sheds light on the measures policymakers announced to support FinTechs and their effectiveness.

Before the pandemic struck, the Ivorian FinTech industry was growing steadily. Gradually stimulating the interest of investors, FinTechs in Côte d’Ivoire rolled out a range of products and services to bridge gaps in existing financial services. This report attempts to understand the impact of the pandemic on FinTechs in Côte d’Ivoire, the measures policymakers took to support FinTechs, and their effectiveness. It further highlights the sentiments of investors toward this sector.

Click here to read the report in French.