Investing during a pandemic
While the entire economy will slow due to stay-in-place orders and temporary economic shutdowns, payments fintech is expected to fare much better than other investment sectors due to these trends.
Patricia Kemp, the co-founder and managing partner of fintech for Oak HC/FT, discusses the unique challenges facing new technology firms, and how the crisis affects investment decisions.
Since 2014, when Oak HC/FT was founded, Kemp has helped back FastPay, Digital Currency Group, Poynt, Rapyd and Feedzai, among other firms. Oak HC/FT believes these firms can wring out the inefficiencies that it sees in health care and fintech, two industries that are heavily regulated and rapidly automating.