New Delhi, Feb 26 (TIWN) The Covid-19 disruptions have given an added push to the development of digital ecosystem in the country as is evident from the increased investor activity in the Fintech sector despite the challenges posed by the pandemic.

Payments remained the hottest area of investment followed by insurtech and wealthtech, it said in a report titled 'Pulse of Fintech H2'20.'   It said fintech investors adjusted their strategies in second half of 2020, moving away from both early stage companies and lending-based businesses and towards later stage companies. Investors also focused more on profitability.  Competition in the insurance space started to heat up as incumbent insurers enhanced their digital focus due to Covid-19 and niche payments players worked to expand into insurance.