The Unicorn Club – Rise of FinTechs

The global FinTech industry has been expanding through investments, acquisitions, buyouts, and partnerships. In terms of incorporations, hundreds of new FinTech startups form each week. And over the last few years, a few startups have attained the “Unicorn” status by crossing the 1-billion-dollar valuations. This shows that the investors trust the innovations of the FinTech startups as well as a demonstration of consolidation of this market.

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