According to the Global Fintech Adoption Index 2019, fintech adoption was doubling every two years before the pandemic struck. From 2015 to 2019, the industry grew from 16% to 64%. This growth can be credited to fintech’s developed agility compared to brick-and-mortar financial institutions. When the world was struck by the COVID-19 pandemic, fintech became an essential sector for businesses to survive the chaotic times. The true power of fintech enabled the rapid migration to digital payments at a time when even the skeptics had no choice but to embrace the new transaction solution. This digital transformation of the finance industry is expected to grow and continue in 2021. If 2020 was about the adoption of fintech, 2021 and beyond will be about innovation and survival.