Investors are bullish on tech startups' ability to fix income gaps - Business Insider

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A group of young investors is optimistic about Silicon Valley's ability to reduce income inequality and other financial challenges in the wake of economic uncertainty

following the coronavirus pandemic. However, many investors pointed out that income inequality and access to existing financial services was already a struggle for marginalized groups – the pandemic just made those struggles more evident.

Investors said that certain trends in fintech, such as contactless payments and mobile banking, accelerated substantially due to the pandemic after many stores adopted new systems to provide safer ways to pay, while banks shuttered physical branches. Those shifts helped give marginalized communities access to financial services that weren't available to them before, and they could brighten an otherwise dire financial outlook.

 

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हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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