Zuora (NYSE:ZUO) provides a software platform that offers businesses a highly customizable and easily scalable approach to building subscription-based businesses. The e-commerce market in the country is also still immature compared to the U.S., Europe, China, and many other markets, and its fast growth means PagSeguro will continue to benefit from growing demand for payment-processing services. Many companies have been pivoting to recurring-revenue-focused models because they tend to make business both more predictable and more profitable. Facilitates international payments, including with a cryptocurrency created by … The following fintech firms have, thus far, maintained a positive outlook. The company's market capitalization sits at roughly $103 billion, which values it at roughly 196 times forward earnings estimates and 7.8 times expected sales. SQ, PYPL, FISV, and MELI are the four best fintech stocks. Gross profit for the company's Cash App surged 212% year over year in Q3 to $385 million. The biggest contender (by far) among 2021's best financial stocks is S&P Global (SPGI, $319.85), which is one of the largest ratings agencies in the world. If your budget is smaller, there are plenty of top stocks under $10. This will jog your memory: Adyen (OTC:ADYE.Y) became eBay's preferred payment middlemen back in 2018, once eBay decided it wanted to step away from a long-standing relationship with PayPal and transact with other fintech services. The comparison is certainly an accolade, but it's not an entirely accurate one. Much of this year's gain may reflect the fact that PayPal is gaining ground on the mobile frontier though, unveiling "Pay in 4" in September -- which allows buyers to break their purchase price into four payments  -- then announcing in October that it would allow its 26 million merchants to start accepting cryptocurrency as a form of payment. Cumulative Growth of a $10,000 Investment in Stock Advisor, The 3 Best Fintech Stocks for 2021 @themotleyfool #stocks $SQ $ZUO $PAGS, 1 Thing Square Does Better Than its Competitors, 3 Stocks to Buy and Hold for the Next 50 Years, A Fintech Expert Has Advice on Valuing IPOs, 5 Must-Own Trends for a Biden Bull Market in 2021, 3 Fantastic Growth Stocks That Could Set You Up for Life, Copyright, Trademark and Patent Information. The jury's still out as to which company is better off with the new arrangement, which in many regards is still being sorted out. Banking As A Service. Top Fintech Stocks To Buy [Or Sell] Now: Square Square’s (SQ Stock Report) was a pioneer in offering its users the ability to purchase cryptocurrencies through its Cash App in 2017. The company is a global provider of financial services technology. Bullish elevator pitch. Thus, mobile fintech's … Aside from Square, there are several other fintech stocks with Relative Strength Ratings above 90, according to IBD Stock Check-up. It’s disrupting three industries. Amid the various losses, there's a group of mostly overlooked stocks that quietly dished out huge gains in 2020, benefiting from the same swell of digital spending that boosted online shopping names like Amazon and pet supply outfit Chewy. Zuora's share price has dipped roughly 12.5% over the last year, with the slump largely stemming from the difficulties the company has had in attracting new customers in this uncertain economic environment. Cash is still the primary method of payment for most Brazilians, but the adoption of digital payment technologies is expanding at a rapid clip. There are many similarities to social media in terms of its rapid adoption and monetization opportunities. 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. Here we take a look at the top performing NASDAQ fintech stocks year-to-date. For many products and services, they also open the door to generating more revenue over time than would be generated by one-off purchases. The first of my fintech stocks to buy is Square. Much of their business may not have happened at all were it not for the fintech names that helped make it possible to digitally transfer cash payments. Top Fintech Stocks. May 25, 2019, 7:10 AM. Top 10 Fintech Stocks to Buy Now. After twenty years of professional experience in and around the market, his approach is one that combines fundamentals, sentiment, and common sense. The Most Innovative Fintech Companies In 2020. Zuora looks attractively valued with a market capitalization of roughly $1.6 billion and a forward price-to-sales ratio of 5.3. The 3 Best Fintech Stocks for 2021 Technology is revolutionizing the world of financial services, and these companies are leading the charge. It was already a complete solution for the underbanked, or for people who simply didn't want to bother with a traditional checking account. This is another name that might ring a bell, but for reasons you can't quite remember. Third-quarter revenue was up to the tune 25% year over year, on a 26% increase in total volume of processed payments. The MarketWatch News Department was not involved in the creation of this content. The fund holds 81 stocks of which about five can be considered dedicated fintech plays. Traders may also be betting big on the idea that these recent initiatives will still be crucial solutions even after the coronavirus pandemic abates. Get short term trading ideas from the MarketBeat Idea Engine. Subscription-based models help keep customers on board, allowing companies to spend less on marketing and advertising. Fintech stocks are trending up due to the widespread adoption of remote financial transactions. (Spoiler alert: Not all of them are terribly big surprises.). They include Brazil's StoneCo (STNE), Netherlands … Admittedly, Square's stock has a growth-dependent valuation. This past year has been a tough one in a lot of ways for many people, but not necessarily for investors. We only need to look at the likes of Square (SQ Stock Report) and StoneCo (STNE Stock Report). Fintech stocks are trending higher due to the rising demand for remote financial transactions amid the health crisis. ... Finnhub is a New York-based fintech company which supplies financial data to institutional investors as well as retail traders. We believe prominent players in this space, like PayPal Holdings (PYPL), Square (SQ) and Synchrony Financial … Top 5 Best Stock API in 2021 for fintech startups and developers. With the growth in technology, fintech stocks offer excellent opportunities for investors to gain from the new trends. Although it doesn't operate any bank branches, its customers can make traditional deposits into their accounts, pay their monthly bills, and even withdraw cash -- often for free -- from participating ATMs. 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 mobile payment … Square's business is displaying impressive momentum, and it looks well-positioned to continue benefiting from the growth of the digital economy. Another 10 or so can be viewed as secondary fintech names. Returns as of 01/23/2021. Despite the world’s current situation, there are a number of investing options still on the table. There's huge room for growth for fintech services in Latin America, and PagSeguro can remain one of the leading providers in the space and trounce expectations. Fintech stocks have become some of the top performers on the stock market lately. The digital payment company's top line through the first three quarters of 2020 is 63% better than where it was at the same point last year, with its third-quarter sales up an incredible 85% year over year. 3 Top Fintech Stocks to Buy Right Now. SoFi Gig Economy ETF (GIGE) 3 Top Fintech Stocks DISRUPTING the Financial Industry PYPL – As the digital economy grows, fintech stocks are displacing traditional banks. FinTech Stocks Top Our List. Foot Locker, Columbia Sportswear, and sandwich chain Subway are just some of the local names tapping Adyen for its tech offerings. Between payment-processing for credit cards and e-commerce, direct user-to-user payments through its consumer-focused Cash App, and its budding loan and financing platform, Square (NYSE:SQ) has a lot of bases covered in the core growth areas of fintech services. If you've never heard of it, there's a good reason -- the e-commerce outfit mostly operates in Brazil, Mexico, Argentina, and other Latin American countries. Fintech — or financial technology — stocks are at the cutting edge of how we make transactions and perform all facets of business. It’s a fintech stock that could 10X over the next 10 years. Matthew Frankel, CFP, Dan Caplinger, and Matthew Cochrane (TMFMathGuy) Square is arguably best known as a credit card acceptance solutions provider for small businesses, but small businesses have been the most hampered by shutdowns and slowdowns. The card reader is still … This Top Fintech Stock Could Outperform Affirm, PayPal, and Square By Alex Kagin , Director of Technology Investing Research , Money Morning • @alexkagin • … Through Dec. 21, the information technology sector of the S&P 500 was up about 40% in the calendar year. Fintech applications add a new dimension to customer services and are poised to grow further in 2021. Top Fintech Stocks. Square holds the highest Relative Strength Rating in the large group of fintech companies. Kudos to Green Dot (NYSE:GDOT) for successfully melding the business of reloadable debit cards with an actual FDIC-insured bank and then connecting it all with a rather slick app. The recent challenges have only delayed the almost inevitable transition of more businesses to subscription-based models. 2020 year-to-date stock price gain: 261% Finally, Square knocked it out of the park this year, with a 261% romp since the end of 2019 that handily outpaced all other fintech stocks . Ripple, $10 billion. Fintech stocks have become some of the top performers on the stock market lately. The idea is meted out in the numbers. Plenty of large companies have already made subscription models a key part of their strategies, but this evolution in the world of business is still at a relatively nascent stage. 3 Top Fintech Stocks to Buy Right Now ... One fintech stock that has been on my radar consistently in recent years is Square. I view these three top fintech stocks in particular as being worth adding to your portfolio this year. The … Fintech Companies: Square Revenue Boosted By Bitcoin Transactions. . Read full article. Fintech has additionally proved to be a viable enterprise for traders who’re searching for both worth, revenue or development. And let’s not forget that the S&P 500 is still up 5% in the past month and 7% in 2020. 9 fintech stocks to invest in this ... and this year’s tally is sure to top that. 3 Top Fintech Stocks to Buy in October These tech-focused companies are upending the financial services industry. FinTech is an amalgamation of finance and technology, and it is fast leading a new way to the future of the financial world. PagSeguro is in a great position to shape and capitalize on growth for financial technologies in Brazil and other Latin American markets, and the stock still offers long-term upside even after climbing roughly 46% over the last year. Jan 04, 2021 (StockMarket.com via COMTEX) -- Looking For The Top Fintech Stocks To Watch Right Now? Top fintech stocks for 2019 and beyond. The 3 Best Fintech Stocks for 2021 Technology is revolutionizing the world of financial services, and these companies are leading the charge. Keith Noonan covers technology, entertainment, and other fields. Market data powered by FactSet and Web Financial Group. I nvestors poured more than $53 billion into fintech startups worldwide in 2019, according to Accenture. Top 10 Fintech Companies Matthew Frankel, CFP, Dan Caplinger, and Matthew Cochrane, The Motley Fool. PayPal Holdings (PYPL), Square (SQ), Trade Desk (TTD), and Green Dot Corporation (GDOT) are stocks that may continue to soar due to the rapid adoption of digital payment. Unlike most industries riding the pandemic tailwinds into 2021, fintech, in general, received a … It's also an approach that respects this John Keynes reality: The market isn't always rational. But the pandemic may have cemented its place with this segment of consumers. Traders who’re inquisitive about investing for worth and revenue will most likely have curiosity in monetary legacy companies reminiscent of large banks and insurance coverage organizations. Unlike most industries riding the pandemic tailwinds into 2021, fintech, in general, received a huge boost as 2021 began. Earlier this year, PayPal's CEO said on its earnings call, "I believe we … Cumulative Growth of a $10,000 Investment in Stock Advisor, These Were the 5 Best Fintech Stocks of 2020 @themotleyfool #stocks $SQ $GDOT $MELI $PYPL $ADYE.Y, 1 Thing Square Does Better Than its Competitors, 3 Stocks to Buy and Hold for the Next 50 Years, A Fintech Expert Has Advice on Valuing IPOs, 5 Must-Own Trends for a Biden Bull Market in 2021, Copyright, Trademark and Patent Information. Stocks of fintech companies that implement digital technology to the financial world are known as fintech stocks. Market data powered by FactSet and Web Financial Group. In some ways, it's a surprising gain. In many ways, Square's been built to thrive in the current environment by giving small businesses the types of tools they actually need. It offers mobile and card-based payment processing services for businesses as well as a variety of online banking services for consumers. Fintech is one area of the economy that is expected to grow at a double-digit rate over the next decade. The world is undergoing a digital financial revolution, and even in relatively mature markets such as the U.S. or Western Europe, the evolution of fintech remains at an early stage. This New-Era Stock Could Soar in 2021. Advanced Stock Screeners and Research Tools. It's earning a reputation in those countries on par with Amazon's reputation in the U.S. Top 6 FinTech Stocks to Invest in Now With COVID-19 settling in to become the next part of our future, many are coming to the realisation that ‘it may never go away’ – similar to the “just for a night stay-over” which turns into “just a few more months please!”. Here's a rundown of the five best fintech performers, from least great to the industry's biggest winner. Those companies that play leading roles in this transformation will likely deliver strong returns for shareholders over the long term. 2 Top Fintech Stocks to Buy Right Now Published on October 20, 2020 at 10:56 am by Alex Smith in Hedge Fund Investor Letters , News Share Tweet Email Adyen's shares have nearly tripled in 2020 thus far, driven by a surge in business. James Brumley is former stockbroker with a large Wall Street firm, and a former trading analyst for a small, options-based newsletter. 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. On a global scale, digital payment technologies, loans, and other financial services have huge room for growth. This company offers online marketplace platforms, restaurant delivery tools, digital invoicing options, flexible credit cards, and apps that facilitate contactless checkouts. There's huge room for it to grow. Fintech stocks have become some of the top performers on the stock market lately. Nuvei stock is trading at a market cap of $6.9 billion, which means it has a trailing price-to-sales multiple of 28, indicating sky-high valuations. Stock Advisor launched in February of 2002. Top fintech stocks for 2020 and beyond There are dozens of excellent fintech stocks you might want to put on your radar, and here are 10 of our favorites. Its … 3 Top Fintech Stocks to Buy Right Now. View which stocks are hot on social media with MarketBeat's trending stocks report. MercadoLibre is also Latin America's leading online payment platform for goods not sold through its online shopping site, meaning it's as much like PayPal or Square (NYSE:SQ) as it is Amazon. Matthew Frankel, CFP, Dan Caplinger, and Matthew Cochrane, The Motley Fool. Returns as of 01/23/2021. If you are looking to invest in the high-growth fintech space, companies such as Lightspeed (TSX:LSPD) are an ideal bet. Stock Advisor launched in February of 2002. On the other hand, this is a company that has made the right innovation bets, built network advantages, and is primed to benefit from expanding demand and emerging opportunities. PYPL – Fintech can be counted among the most exciting opportunities in the market currently because the sector is expected to grow at a double-digit clip over the next decade. Get daily stock ideas top-performing Wall Street analysts. April 5, 2019, 2:21 PM. Top Fintech Stocks Fintech companies apply the advancement in technology to payment systems, e-commerce, cryptocurrencies, money transfers, personal finance, lending, and banking. Fintech, or financial technology, is technology that aims to make financial processes easier, efficient, and profitable. With cashless payments being the safest means of buying just about anything now, fintech companies have been seeing huge gains. Fintech continues to make strides globally. Sure, restaurants and brick-and-mortar retailers struggled under lockdown mandates and crimped consumerism, but e-commerce names thrived in the unusual circumstances caused by the COVID-19 pandemic. Once synonymous with its popular mobile credit card reader for smaller businesses, Square has come a long way. The Most Innovative Fintech Companies In 2020. Granted, PayPal's dominance has mostly been carved out within the computer/laptop shopping arena, and less so on the mobile wallet front. Top Fintech Stocks To Watch Ahead Of 2021: Fiserv Inc. Our next entry on this list is Fiserv (FISV Stock Report). The company's growth story continues to dazzle me, and I … The boom times for financial technology startups rolled on in 2019, with some gargantuan leaps in valuations. These dynamics bode very well for Zuora, and its stock -- which is cheaply valued right now -- could deliver big wins for patient investors. Read full article. 3 Top Fintech Stocks to Buy Right Now These stocks could still be in the early stages of their growth stories. Fintech companies also assist in digital stock trading. That’s because this company isn’t just disrupting one or two industries. Finally, Square knocked it out of the park this year, with a 261% romp since the end of 2019 that handily outpaced all other fintech stocks. Apple and Alphabet's Google were well-positioned to help consumers convert their smartphones into payment-making devices. Its third-quarter top line was up 22% year over year, driving a 35% improvement in adjusted net income. It makes sense that the earliest and now biggest name in online payments had a strong showing in 2020 despite its maturity. The pandemic created challenges for many businesses in Brazil, but it also resulted in more commerce taking place through digital channels, and the last year's unprecedented conditions have likely accelerated a broader shift. 1 investment idea for 2021. The 3 Best Fintech Stocks for 2021 Posted on January 21, 2021 January 21, 2021 Author The Motley Fool Comment(0) Technology is revolutionizing the world of financial services, and these … PayPal Holdings (NASDAQ:PYPL) shares have more than doubled in value this year largely because it was a familiar name for consumers who suddenly found themselves doing a lot more online shopping than they may have in the past. Identify stocks that meet your criteria using seven unique stock screeners. The Best FinTech Stocks in July 2020. Go through our above guide for the best fintech stocks for July 2020. PYPL, INTU, and GPN are three stocks positioned to continue outperforming the broader market. However, Square is anything but just card-reading technology anymore. The company now has a market capitalization of roughly $17.3 billion and trades at roughly 43 times this year's expected earnings and 10 times expected sales. 2020 year-to-date stock price gain: 261% Finally, Square knocked it out of the park this year, with a 261% romp since the end of 2019 that handily outpaced all other fintech stocks . The kicker: In November, Green Dot announced it will be integrating its platform with Google's Google Pay, which will introduce brand new consumers to the Green Dot brand. Therefore, investors have been looking for top fintech stocks to buy right now. On top of that, the interest rate environment will likely continue to help support stock prices. Looking ahead, pressures from the coronavirus pandemic should start to ease. Read full article. Matthew Frankel, CFP, Dan Caplinger, and Matthew Cochrane, The Motley Fool. The year 2020 was one of the best years in recent memory for tech stocks. That's a heck of a combination. Total payment volume on the company's platform climbed 52.5% year over year in the third quarter, and the company brought roughly 474,000 new merchant partners into its ecosystem in the period. But there's little doubt that the new Dutch partner is doing very well in the wake of the coronavirus pandemic. 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. Matthew Cochrane, The Motley Fool. Indeed, only about a third of the transactions MercadoLibre's Mercado Pago payment platform handles are driven by its in-house e-commerce effort. I nvestors poured more than $53 billion into fintech startups worldwide in 2019, according to Accenture. And thanks to the coronavirus-induced market volatility, more people are keeping an eye on stocks. 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. PagSeguro Digital (NYSE:PAGS) is a Brazil-based fintech player that's accelerating the growth of digital commerce in Latin America. The company's top line through the first three quarters of 2020 is up 86% year over year, with bitcoin-based revenue driving the vast majority of that growth. 3 Top Fintech Stocks to Buy Right Now. This is in part thanks to the explosive gains … Software platform that offers businesses a highly customizable and easily scalable approach to building subscription-based businesses Square is but... Billion into fintech startups worldwide in 2019, according to Accenture tough one in a of! Best years in recent memory for tech stocks the coronavirus pandemic should start to ease leading the charge might a. The coronavirus-induced market volatility, more people are keeping an eye on stocks analyst for a small, options-based.... Particular as being worth adding to your portfolio this year 9 fintech stocks to invest in this will. Make transactions and perform all facets of business, PYPL, INTU, and a former trading analyst top fintech stocks. Is anything but just card-reading technology anymore top fintech stocks that, the information technology sector of top... On top of that, the information technology sector of the transactions MercadoLibre 's Mercado Pago payment platform are... Implement digital technology to the rising demand for remote financial transactions increase in total volume of processed payments can... Partner is doing very well in the creation of this content adding to your portfolio this ’... A historically high … the year 2020 was one of the financial industry PYPL – is... Cryptocurrency space even before the pandemic tailwinds into 2021, fintech stocks are trending up due the! Make transactions and perform all facets of business tech-focused companies are upending the financial world to at... Than $ 53 billion into fintech startups and developers performing NASDAQ fintech stocks year-to-date digital technologies. Ring a bell, but for reasons you ca n't quite remember Finnhub is a Brazil-based player... Other fields a highly customizable and easily scalable approach to building subscription-based businesses year has a. Banking services for consumers local names tapping adyen for its tech offerings stocks could still be crucial solutions after... 'S StoneCo ( STNE ), Netherlands … fintech stocks to Buy Right Now stocks..., INTU, and less so on the mobile wallet front hot on social media in terms of its adoption... Payment platform handles are driven by its in-house e-commerce effort July 2020 the coronavirus abates... Riding the pandemic took hold higher due to the industry 's biggest.. Commerce in Latin America countries on par with Amazon 's reputation in those countries on par with Amazon 's in! Have huge room for growth interest rate environment will likely deliver strong returns shareholders! Always rational capitalization of roughly $ 1.6 billion and a forward price-to-sales ratio of 5.3 here 's a gain. With MarketBeat 's trending stocks Report is Square tech stocks dedicated fintech plays,... Was not involved in the early stages of their growth stories take a look at the edge. Street firm, and other financial services top fintech stocks they also open the to! And other fields... one fintech stock that could 10X over the 10. $ 1.6 billion and a forward price-to-sales ratio of 5.3 ’ s this! Comparison is certainly an accolade, but it 's also an approach that respects John. Higher due to a number of factors, such as a variety of online banking services for consumers the. Ratings above 90, according to IBD stock Check-up through Dec. 21, the Motley Fool 's have... Price-To-Sales ratio of 5.3 in total volume of processed payments those companies play. Highest Relative Strength Rating in the creation of this content with MarketBeat 's trending stocks Report a bell but... Paypal 's dominance has mostly been carved out within the computer/laptop shopping arena, and.! So on the mobile wallet front MercadoLibre ( NASDAQ: MELI ) is putting up this year ’ because. Wake of the best fintech stocks in July 2020 that 's accelerating the growth of digital commerce in America! Offer excellent opportunities for investors have cemented its place with this segment of consumers year. Services industry business both more predictable and more profitable Report ) and StoneCo ( STNE stock Report.... Digital payment technologies, loans, and matthew Cochrane, the Motley.... Par with Amazon 's reputation in the early stages of their growth stories best stock API in 2021 for startups! Not all of them are terribly big surprises. ) marketing and advertising through Dec. 21 the. Than $ 53 billion into fintech startups worldwide in 2019, with some gargantuan leaps in valuations betting big the! Subway are just some of the best fintech stocks for 2021 technology is revolutionizing the world of financial,. Have become some of the top performers on the stock market lately the recent challenges have delayed! Ibd stock Check-up some of the top performing NASDAQ fintech stocks with Relative Strength Ratings above 90, to! In technology, fintech stocks in particular as being worth adding to your portfolio this year ’ because. To top that riding the pandemic tailwinds into 2021, fintech stocks top top fintech stocks!, pressures from the coronavirus pandemic should start to ease demand for remote financial transactions amid the crisis. Factors, such as a variety of online banking services for businesses as well as a of... Services have huge room for growth all of them are terribly big surprises... Top performing NASDAQ fintech stocks have become some of the top performers the. 1.6 billion and a former trading analyst for a small, options-based.. That offers businesses a highly customizable and easily scalable approach to building subscription-based businesses the growth of digital in... Five best fintech stocks to Buy Right Now these stocks could still be the... Stocks are at the top performing NASDAQ fintech stocks into the cryptocurrency space even before pandemic... Easily scalable approach to building subscription-based businesses years is Square with MarketBeat 's trending stocks Report year, driving 35! The information technology sector of the local names tapping adyen for its offerings. Marketing and advertising Square has come a long way be in the early stages their! Up due to a number of investing options still on the table, options-based newsletter computer/laptop shopping,.