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Fintech Sector's Unicorn Surge
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November saw a surge of new unicorns in the fintech sector, with a focus on buy now, pay later, rebate management, and lending. The U.S. and China also contributed to the list, while the U.K., India, Saudi Arabia, and the Cayman Islands each added one new unicorn. The total number of companies joining the Unicorn Board in 2023 reaches 86.
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How might the increasing number of unicorns in the fintech sector impact investment and innovation?
What factors contribute to the dominance of the U.S. and China in the list of new unicorns?
What implications do these new unicorns have for the broader fintech market and the global economy?
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