The coronavirus outbreak caused significant instability and high volatility in global capital markets, and the financial sector has been one of the most affected. Banking stocks' performance was strongly impacted during the COVID-19 crisis, causing bank valuations to plunge in countries across the …
Fintech Startups Raised $8.8bn in H1 2020, a 20% Drop Year-on-Year
Recent years have witnessed a surge in the number of fintech investments, with record funding levels and rising valuations. However, the coronavirus outbreak altered that, causing a significant decrease in the overall venture capital deals, changing funding conditions, and creating uncertainty for …
Market Cap of Europe’s Largest Stock Exchanges Rose by $1.8trn After COVID-19 Crash
The coronavirus outbreak has had an enormous impact on the global stock exchange market, causing significant volatility and sharp price falls. However, the last few months have witnessed a recovery, with the stock exchanges moving toward their pre-COVID-19 values. According to data gathered by …
