The year of 2020 began with a series of uncertainties but soon businesses started to slowly stabilize, and some even grew back to pre-Covid levels. Every business across every sector took a severe hit, and the FinTech sector as well did not escape the pandemic. The first 30 days of the global crisis were the toughest, and Razorpay too witnessed a decline of 30% in digital payments. However, after the first 70 days of the national lockdown, digital payments rebounded by 23% indicating a slow but steady come back. Razorpay, the newest Unicorn on the block and the leading full-stack financial solutions company, launched the 7th Edition of The Era of Rising FinTech Report today.