35 Fintech Companies Aiding in Coronavirus Relief

Seema Amble and a16z Fintech Team

This post was updated on 4/27/20 to reflect additional fintech efforts. 

Last week, fintech startup Propel and nonprofit GiveDirectly announced their role in carrying out Project 100, an initiative to send $1,000 cash transfers directly to 100,000 COVID-impacted American families within the next 100 days. The $100 million project is notable for its scale, but the use of fintech to implement such relief measures is becoming increasingly common. Many fintech companies have stepped up to help consumers and small businesses through the pandemic. That effort includes disbursing stimulus checks, distributing Paycheck Protection Program (PPP) loans to businesses, providing access to unemployment benefits, and offering data and infrastructure assistance. Here’s a comprehensive—but by no means complete—list of fintech companies helping those impacted by Covid-19.

fintech co's

Any investments or portfolio companies mentioned, referred to, or described are not representative of all investments in vehicles managed by a16z and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results. A list of investments made by funds managed by a16z is available here: https://a16z.com/investments/. Excluded from this list are investments (and certain publicly traded cryptocurrencies/ digital assets) for which the issuer has not provided permission for a16z to disclose publicly. Past results of Andreessen Horowitz’s investments, pooled investment vehicles, or investment strategies are not necessarily indicative of future results. See a16z.com/disclosures for additional important information.

Want more a16z?

Sign up to get the best of a16z content, news, and investments.

Thanks for signing up for the a16z newsletter.

Check your inbox for a welcome note.

MANAGE MY SUBSCRIPTIONS By clicking the Subscribe button, you agree to the Privacy Policy.