Downloads of fintech apps continue to spike

Any IHer here into fintech?

I ended up building fintech app in the beginning of the pandemic.

Company 360: https://apps.apple.com/us/app/company-360/id1464857130 (Find undervalued stocks using Value Investing strategy).
Super Investor: https://apps.apple.com/us/app/super-investor/id1441737952 (Analysis of what institutional investors own vs. retail sentiment vs. short interest).

I follow world economics pretty closely and honestly, this doesn't surprise me:

• At lot of people's financial situation changed during COVID. Either because they lost their job, changed jobs or had a business that was struggling due to the changing environment.

• Lots of people got into investing for the first time due to stimulus checks and the raging bull market of 2020 and 2021. The bull market was driven by the government stimulating the economy (essentially by printing more money and lowering the cost of capital)

• Two years on, this all leads to inflation. First the money supply inflates, then asset prices inflate, then goods and services inflate. Those holding assets got richer and those without assets got poorer.

• People who don't follow the economy don't really understand why they are working harder and still feel like they're moving backwards. Everything is getting more expensive in dollar terms and mainstream media doesn't help.

• Next (in 2022) comes the market crash because everything is overvalued and people that only recently started investing feel like they're losing money. Even those that are starting to understand feel like their investments aren't outpacing inflation. Lot's of pain and fear. The media is talking about recession and stagflation.

So, in short, people are much more conscious of their finances.

The spike is due to Chinese investors pushing their money into Money lending apps.

Multiple South Asian govt found out same Chinese companies have multiple money lending apps with different names.

And they just give money to random people with least background checkup. The catch was high interest rates. People used to keep borrowing because a well known money lender app will not give money if you have not stable background.

Govt started cracking down when they realised.

What area of fintech?