The billionaire had not been seen in public or heard from in weeks. With that in mind, here are five fintech stocks that could make great additions to your portfolio. The company now processes card payments at an annualized rate of over $100 billion, it has a thriving small-business lending platform (Square Capital), and it has started to gain serious traction with larger merchants in addition to its core small-business clientele. nodes[i].dataset.subscription : nodes[i].getAttribute('data-subscription'); if(status ==='true') {nodes[i].checked = true;}}};var nodes = document.querySelectorAll('#form1783 select[data-value]'); if (nodes) { for (var i = 0; i < nodes.length; i++) { var node = nodes[i]; var selectedValue = node.dataset ? The company has over 300 million customers and merchants across 200 markets using its platform worldwide. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Jan 20, 2021, Copyright, Trademark and Patent Information. The company’s debit-card business remains a large one, but it’s losing market share to companies like Square and PayPal, which offer new and innovative solutions to the same problem. Moving forward, CEO Dan Schulman mentioned that the company will be looking to create a “compelling and expansive digital wallet that embraces all forms of digital currencies and payments.” This would likely add to the growing momentum of the company in the months to come. Fintech stocks have undoubtedly seen a good year. The company’s Seller ecosystem is a series of payment solutions focused on Business-to-Customers (B2C) transactions. Two big parts of Square's business are especially exciting. Fiserv announced the launch of Card Expert earlier this week. It also facilitates curbside pickup, which could be a major growth catalyst in the post-COVID world. With quarantine measures getting stricter in parts of the world, more people are forced to stay home. Fintech companies that offer stock investment are they regulated by SEC? The company’s “Seller” ecosystem is a key aspect of this growth as it generated more than half of the gross profit. PayPal Payments +1 Square Mobile +3 Visa SaaS +3 … | EMM. 3 Names To Know. StoneCo (NASDAQ:STNE) Last on our list is a lesser-known fintech company … It also reported a 25% rise in net revenues and an incredible 121% increase in EPS compared to a year earlier. Its 27% increase in third-quarter sales results is a likely contributor to this success. Here are some of the products and services they offer: There’s a ton of long-term potential in the fintech industry, so it can be tough to find the best investment opportunities. Card Expert is a business intelligence platform that enables financial institutions to optimize their card portfolio. The key drivers for this growth would be Square’s Cash App and Seller ecosystem. The shares are hovering about 60 percent below their initial public … This one might sound odd at first. The California based company operates a worldwide online payments system. The global provider of financial services technology is based in Wisconsin. Jan 20, 2021, Rich Duprey | Essentially the platform does all the initial analytical work and presents companies with clear and comprehensive consumer data. Founder Jack Ma finally made a public appearance. The first fintech stock on this list is Fiserv (FISV Stock Report). By. The app saw a gross profit rise of 212% compared to a year earlier. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Cash App is a readily available app that is used to make quick cash transfers between users and facilitates cash transactions with businesses. PayPal could also benefit from this as the Generosity Network incentivizes more people to use its services. @/i, failureMessage: "A valid email address is required", negate: "true"});var dom2 = document.querySelector('#form1783 #field2');var field2 = new LiveValidation(dom2, {validMessage: "", onlyOnBlur: false, wait: 300});field2.add(Validate.Presence, {failureMessage:"This field is required"});var dom5 = document.querySelector('#form1783 #field5');var field5 = new LiveValidation(dom5, {validMessage: "", onlyOnBlur: false, wait: 300});field5.add(Validate.Custom, {against: function(value) {return !value.match(/(telnet|ftp|https?):\/\/(?:[a-z0-9][a-z0-9-]{0,61}[a-z0-9]\.|[a-z0-9]\. Upstart Holdings stock, a recent IPO, has prospered among fintech companies as it says it can make personal lending smarter via artificial intelligence. #TradeTalks: Is it time to put the brakes on #EV stocks or are they just getting charged up? Technology is revolutionizing the world of financial services, and these companies are leading the charge. The stock is up over 70% year-to-date but has pulled back roughly 11% from its highs, providing investors with an attractive entry point at this time. It also saw a 19% increase in adjusted earnings per share (EPS) from the previous quarter and an operating cash flow increase of 83% year to date. This vast sector includes gadget makers, wireless providers, semiconductor-makers and more. Thus, mobile fintech… Once synonymous with its popular mobile credit card reader for smaller businesses, Square has come a long way. Share; Tweet; Related Topics: FinTech … Some of the top fintech companies in the world include Square, Visa, PayPal, and MasterCard. In recent news, PayPal is launching its “Generosity Network”. If this sounds good to you, consider the Global X Fintech Thematic ETF (NASDAQMKT: FINX). This is an amazing play by Square as Satispay is Italy’s leading provider of mobile payment services with annual transaction volumes of up to $407 million. Cash App is also a key contributor to the amazing quarter seen by Square. MercadoLibre (NASDAQ: MELI) is often referred to as the (NASDAQ: AMZN) of Latin America, and the nickname certainly makes sense -- the company has a massive e-commerce business that continues to grow at an impressive pace. #TradeTalks: How stocks performed under President Trump and what’s in store for earnings. 10–100 companies in Nasdaq Fintech Show all. LexinFintech Holdings Ltd (ADR) (NASDAQ: LX) is one of the many Chinese companies to list on an American stock exchange in recent years. Nairametrics. Published. With all things considered, should investors be watching PYPL stocks this week? Square (SQ Stock Report) is a San Francisco based financial and merchant services aggregator, and mobile payment company. Jan 20, 2021, Trevor Jennewine | Second is Square Online Store, the new but rapidly growing platform that helps Square’s merchants build out an omnichannel presence. The fund invests in a portfolio of fintech companies, covering more than 33 stocks as of late 2020. Stock Market ( is a true disrupter, vastly improving the way people consume financial market data. Is Affirm (AFRM) Stock The Best Fintech Stock To Buy Other Than PayPal & Square? Fiserv is no newcomer to the fintech industry as it has been around since 1984. All three are already huge winners that have what it takes to survive and thrive over the long run. The company’s share price is up by 75% year-to-date. Recommended to you based on your activity and what's popular • Feedback Here's how Square stands out. PayPal Holdings (NASDAQ: PYPL) is the undisputed leader in online payments, but it is so much more than that. With these two robust sources of revenue, it is no wonder that Square is flourishing now. Therefore, fintech stocks are bound to follow e-commerce trends closely. node.dataset.value : node.getAttribute('data-value'); if (selectedValue) { for (var j = 0; j < node.options.length; j++) { if(node.options[j].value === selectedValue) { node.options[j].selected = 'selected';break;}}}}}, Nasdaq Boardvantage Board Portal Software. Copy and paste multiple symbols separated by commas. The numbers MercadoLibre (NASDAQ:MELI) is putting up this year have shown this unusually named company is a serious fintech … As a result, many consumers find themselves using digital payments more often. However, it’s the Mercado Pago payments platform that is most exciting from a fintech perspective. This places the fintech stocks in an interesting position. The stock has risen by over 10% this month alone. Jan 21, 2021, Bram Berkowitz | Goldman is building out its consumer business in a very fintech way -- with no costly branch network to worry about and a tech-focused approach to maximizing efficiency and consumer value. These symbols will be available throughout the site during your session. This wholesome service admirably stands to benefit those facing dire situations in these times. Green Dot (NASDAQ: GDOT) is one of the oldest fintech companies in the market, best known for pioneering the prepaid debit card two decades ago. Jan 22, 2021, Danny Vena | Large companies like Target (TGT Stock Report), Amazon (AMZN Stock Report), and Costco (COST Stock Report) have seen massive returns on their e-commerce fronts. Best Fintech Stocks To Buy In The Final Quarter Of 2020: Square Inc. Square (SQ Stock Report) is a San Francisco based financial and merchant services aggregator, and … Lexin went public on December 21, 2017, at $9 … Leo Sun | The company reported a stellar third-quarter fiscal with a 79% year-over-year increase in revenue. The company saw an all-time high growth in total payment volume in its third-quarter fiscal earlier this month. Many types of companies are under the fintech umbrella. … Enphase Or SolarEdge: Which Solar Inverter Stock Should You Pick? Jan 21, 2021, Jeremy Bowman | Yes! )+)$)/i, failureMessage: "A valid email address is required"});field1.add(Validate.Format, {pattern: /\.\.|\. Upcoming products reportedly include an investment platform and checking accounts, and that could be just the beginning. Furthermore, the company reports a 46% increase in international gross payment volume for Seller, year-over-year. Its portfolio includes Affirm; Robinhood, a fee-free investing start-up; and … Fintech is a broad term that refers to any company that applies technology to the world of finance. Like any new and exciting industry, fintech is likely to be a bit of a roller-coaster ride as the industry matures. [Read More] 3 Top Entertainment Stocks To Watch Before 2021; 1 Making Big Moves This Week. This is done by harnessing market intelligence along with business and cardholder data. We find that today’s price change of -4.79% and +655.49% over the past 12 months for FTFT competes that of Coca-Cola Company (KO), which has seen its stock … Satispay reports a 78% rise in transaction volumes over the last year. Walmart's co-owner of the new company, Ribbit Capital, has a history of investing in fintech companies. Fintech is a combination of the words finance and technology, and it’s a broad category made up of companies that apply new technology to financial businesses. January 15, 2021. Furthermore, the platform offers dashboard galleries and customizable views of critical trends and key metrics. Looking For The Best Fintech Stocks To Buy Now? And unlike most other fintechs, Goldman's massive investment banking business tends to be better in turbulent markets, making this a less cyclical fintech stock. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. is a global financial markets platform that strives to educate, inform, engage & empower people to take control of their current & future financial lives, so they can profit within the stock market today! This could be part of the reason why top fintech stocks have seen a surge in the stock market this year. Facilitates international payments, including with a cryptocurrency … In a nutshell, Green Dot lets companies offer banking products without having to become banks themselves (think of Apple Pay Cash). For one thing, its Venmo person-to-person payment platform has emerged as an industry leader and continues to grow its massive user base at a breathtaking pace. However, Green Dot has started to try to capitalize on its key advantage -- it has a banking charter -- with moves like introducing a savings account with a 2% yield to Walmart Money Card customers and appointing a highly experienced CEO to head up the banking efforts. Best Fintech Stocks To Buy In The Final Quarter Of 2020: Fiserv Inc. Best Fintech Stocks To Buy In The Final Quarter Of 2020: Square Inc. Best Fintech Stocks To Buy In The Final Quarter Of 2020: PayPal Holdings Inc. Palantir’s Covid-19 Contract With US Government Under Threat – Report, Weekly Preview: Earnings To Watch This Week (IBM, INTC, NFLX, UAL), What To Do if You Haven't Received Your $600 Stimulus Check, #TradeTalks: These are the stocks millennials are buying, and Nasdaq-100 TSLA takes the top spot. var dom1 = document.querySelector('#form1783 #field1');var field1 = new LiveValidation(dom1, {validMessage: "", onlyOnBlur: false, wait: 300});field1.add(Validate.Presence, {failureMessage:"This field is required"});field1.add(Validate.Format, {pattern: /(^[A-Z0-9!#$%&'\*\+\-\/=\?\^_`\{\|\}~][A-Z0-9!#$%&'\*\+\-\/=\?\^_`\{\|\}~\.]{0,62}@(([A-Z0-9](?:[A-Z0-9\-]{0,61}[A-Z0-9])?)(\.[A-Z0-9](?:[A-Z0-9\-]{0,61}[A-Z0-9])? Notably, the company… © 2021, Nasdaq, Inc. All Rights Reserved. In line with this, businesses are rushing to adopt this new payment method in order to stay ahead of the competition. Another Canadian fintech company is Nuvei (TSX:NVEI), a stock that recently went public after it raised US$833 million in its IPO. For example, companies that develop new digital payment-processing solutions are considered fintech, as are companies that build and operate person-to-person payment applications. Let’s briefly compare Future FinTech Group Inc. (FTFT) stock to its peers. The company’s clients include banks, thrifts, credit unions, securities broker-dealers, leasing and finance companies, and retailers. Green Dot essentially lets these companies use its banking infrastructure to power their products, and this could be a major growth industry in the future. Financial technology (fintech) companies can be counted among the most exciting growth opportunities in the market. This is a key factor in the company’s meteoric rise this year. Penny stocks typically trade … Over the past several years, Square’s (NYSE: SQ) product has evolved from a way for merchants to accept credit cards using their mobile phones into a large-scale small-business and individual financial ecosystem. If you can’t choose between these stocks or you simply want to cast a wider net, then consider the Global X FinTech ETF FINX, +1.59% that invests in companies “on the leading … The Oracle of Omaha may give these brand-name companies the boot from Berkshire Hathaway's portfolio. The Marcus savings and personal loan platform was the first component, and the company expanded into the credit card business in 2019 as the exclusive issuer of Apple’s (NASDAQ: AAPL) credit card. The benefits of this move are apparent as the company has seen an amazing year-to-date gain of 194%. The underlying technology behind cryptocurrencies has many potential applications. And even though online banking institutions offer interest rates and fee structures that are typically much better than those of traditional banks, the majority of consumers still use branch-based banking for their financial needs. With its innovative product offerings, would you add FISV stocks to your watchlist? While the best-known companies are giants like Apple Inc. and Microsoft Inc. , there also are tech businesses that are classified as penny stocks. An alternative that lets you profit from the fintech boom without having to pick individual stocks is an exchange-traded fund, or ETF. The first of my fintech stocks to buy is Square. PayPal has also been acquiring complementary businesses, such as e-commerce tool Honey, and has been building up partnerships that could greatly expand its addressable market. The KFTX index is a benchmark on performance for public Fintech companies. First is its Cash App, with an active user base that has doubled year over year and virtually unlimited potential to build out its consumer financial service offerings. The growing balance sheet will push the bank's supplementary leverage ratio lower if an exclusion currently in place is not soon extended. Are These The Top Fintech Stocks To Buy in November 2020? To be perfectly clear, investing in fintech stocks isn’t for investors with low tolerance for volatility and risk. The COVID-19 pandemic could even help accelerate PayPal's growth, as more people are choosing to shop online and send money to friends and family electronically. The Chinese tech giant still faces unpredictable headwinds this year. It's also worth keeping Green Dot on your radar for its banking-as-a-service (BaaS) platform, which is used by companies such as Apple, Uber (NASDAQ: UBER), and Stash, and is still in the early stages of realizing its true potential. The card reader … With this in consideration, could these top fintech stocks be worth looking into this month? This encompasses key factors such as debit and credit transaction data, mobile app and ATM usage, and risk management. Payments giant Visa sees a big opportunity in Latin America. Top 10 Fintech Companies It facilitates online money transfers and serves as an electronic alternative to traditional methods. The company’s net revenue surged 140% year over year to $3.03 billion in the third quarter, and its gross profit jumped 59% to $794 million. Learn more about the largest part of the financial sector. Jan 22, 2021, Matthew Frankel, CFP | These EV Stocks Are Up Big This Week; 3 Names To Know, 3 Top Entertainment Stocks To Watch Before 2021; 1 Making Big Moves This Week, - Stock Market News, Quotes, Charts and Financial Information, Do Not Sell My Personal Information (CA Residents Only). This is clear as the company has raised its full-year 2020 adjusted EPS to an 11% increase from 2019. As of 2019, there are 39 VC-backed fintech companies worth $1 billion - with a combined valuation of $147.4 billion, according to CB Insights. Are These The Top Tech Stocks To Buy Now As The Third Wave Of Coronavirus Ravages The U.S.? Most encouraging is that Mercado Pago is growing faster when it comes to processing payments outside MercadoLibre’s e-commerce platform. Jan 22, 2021, Keith Speights | However, for long-term investors with relatively high risk tolerance, fintech stocks like those mentioned here can be an excellent means of capitalizing on one of the most exciting growth trends in the business world. In the past few years, fintech stocks have exploded in terms of … Whenever you have a high-growth and relatively young industry, it can seem intimidating to try to choose one or two stocks to invest in. These businesses are recession-resistant and have long-term investment appeal. We offer access to free stock quotes, stock charts, breaking stock news, top market stories, free stock analyst ratings, SEC filings, stock price history, corporate events, public company financials and so much more. Type a symbol or company name. As most fintech stocks saw massive losses in March, PayPal performed much better than its competitors. Fintech stocks have grabbed the spotlight as digital technology roils e-commerce, payment networks, online lending, money transfers, business-to-business payments, personal … Safe to say, Fiserv appears to be extremely satisfied with their recent quarter performance. Global fintech giant Paypal (PYPL Stock Report) needs no introduction. On the Generosity Network, PayPal users will be able to contribute to people or causes in the form of direct cash transfers and credit card rewards. The point is that all the companies have excellent growth potential, but your investment won’t get crushed if one or two of them don’t quite live up to expectations. In its third-quarter fiscal, the company reported a gross profit gain of 59% year-over-year. What Should Investors Know Ahead Of The Potential Lucid Motors SPAC Merger? Market data powered by FactSet and Web Financial Group. With Card Expert, financial institutions have access to an overview of their businesses. Last on this list is PayPal (PYPL Stock Report). CFO John Rainey attributes this success to PayPal’s diversified platform, business scalability, and earnings power. … And thanks to the coronavirus-induced market volatility, more people are keeping an eye on stocks. Ripple, $10 billion. on. The company makes software and hardware payments products and has recently expanded into small business services. That could force the bank to issue preferred stock, retain capital, or turn away deposits. Katipult Technology (TSXV:FUND) Market cap: C$16.64 million; current share price: C$0.24. Fintech companies like Mastercard (MA Stock Report) and Visa (V Stock Report) have recovered tremendously since the stock market slide in March. Will it be enough to put SQ stock ahead of the competition? This appears to be a fine investment on Square’s part. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Top fintech companies are enjoying success because they are solving pain points found in the traditional bank, a place where financial technology isn’t seen as a competitive differentiator. Jan 20, 2021, Keith Noonan | Subsequent Thursday, Nov. 19, head to the Broadway market between 10 a.m. and a pair of p.m. to stock up on parsnips, celeriac, potatoes and extra to your intimate Thanksgiving meal. Amid the coronavirus pandemic, many are struggling to make ends meet. Gross profit for the company’s Cash App surged 212% year over year in Q3 to $385 million. 5 days ago. After all, online commerce requires digital payment facilitators to function smoothly. 5 Fintech Stocks to Buy for the Future of Finance | Kiplinger The company has also announced a collaboration with Italy’s Satispay on its European expansion. PayPal has over 361 million active accounts, but CEO Dan Schulman believes that the company can increase this figure to a billion in the not-too-distant future. I would like to receive Nasdaq communications related to Products, Industry News and Events.You can always change your preferences or unsubscribe and your contact information is covered by our Privacy Policy.