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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
More than 85% of U.S. retailers accept Apple Pay, the company said."Apple Pay Later will absolutely wallop some of the other players. Other companies would've taken a look at Apple's announcement today because they are an ubiquitous name.
Apple Pay Later will allow users to split purchases into four payments spread over six weeks with no interest or fees.