For nearly half of FinTech companies in Poland, the coronavirus outbreak gave rise to the need to stop business discussions with a potential partner or contractor in 2020, while nearly 44 percent of companies were forced to suspend their investments and the implementation of their new projects.
For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.
Impact of the coronavirus (COVID-19) pandemic on the activity of FinTech companies in Poland in 2020
Characteristic
Share of respondents
Suspended investments and new projects
43.6%
The licensing or registration process with the Polish Financial Supervision Authority (KNF) has been extended or discontinued
5.4%
Postponement of the debut date for new services
24%
Interrupted talks with a potential business partner/contractor
49.1%
Losing an important partner
23.6%
Withdrawal of a current investor
7.3%
Postponement of a potential investor's involvement in the project
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Fintek.pl. (June 16, 2020). Impact of the coronavirus (COVID-19) pandemic on the activity of FinTech companies in Poland in 2020 [Graph]. In Statista. Retrieved January 02, 2025, from https://www.statista.com/statistics/1126848/poland-impact-of-the-covid-19-pandemic-on-fintech-s-operations/
Fintek.pl. "Impact of the coronavirus (COVID-19) pandemic on the activity of FinTech companies in Poland in 2020." Chart. June 16, 2020. Statista. Accessed January 02, 2025. https://www.statista.com/statistics/1126848/poland-impact-of-the-covid-19-pandemic-on-fintech-s-operations/
Fintek.pl. (2020). Impact of the coronavirus (COVID-19) pandemic on the activity of FinTech companies in Poland in 2020. Statista. Statista Inc.. Accessed: January 02, 2025. https://www.statista.com/statistics/1126848/poland-impact-of-the-covid-19-pandemic-on-fintech-s-operations/
Fintek.pl. "Impact of The Coronavirus (Covid-19) Pandemic on The Activity of Fintech Companies in Poland in 2020." Statista, Statista Inc., 16 Jun 2020, https://www.statista.com/statistics/1126848/poland-impact-of-the-covid-19-pandemic-on-fintech-s-operations/
Fintek.pl, Impact of the coronavirus (COVID-19) pandemic on the activity of FinTech companies in Poland in 2020 Statista, https://www.statista.com/statistics/1126848/poland-impact-of-the-covid-19-pandemic-on-fintech-s-operations/ (last visited January 02, 2025)
Impact of the coronavirus (COVID-19) pandemic on the activity of FinTech companies in Poland in 2020 [Graph], Fintek.pl, June 16, 2020. [Online]. Available: https://www.statista.com/statistics/1126848/poland-impact-of-the-covid-19-pandemic-on-fintech-s-operations/
