It seems nothing is going in the favor of the fintech sector since 2022, when things started to take a horrible turn for the industry that is highly vulnerable to high interest rates and economic volatility.
The business and technology industries are facing economic challenges, but there are regulatory incentives that may encourage growth and innovation in 2023 and beyond.
To disrupt the fintech sector dominated by Affirm Holdings and Sweden's Klarna, this week Apple launched its "buy now, pay later" service in the US
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