The stocks of leading fintech companies Block (NYSE: SQ) and Paypal (NASDAQ: PYPL) have been on rollercoaster rides the past few years. However, both stocks are set up to have strong years in 2024 and should be solid performers in the years to come. Block Block is best known for its Square ecosystem, which was […]
Mathieu B Morin The fintech startup ecosystem in Canada is a small one, but that doesn’t always mean it’s an easy community to get into. Fintech Cadence is a Canadian non-profit organization that provides support to our country’s close-knit and incredibly innovative fintech sector with the goal of creating world-class Canadian fintechs we can all […]
The financial services industry is hyper competitive. Legacy banks such as Wells Fargo have commanding footprints in the banking realm. But like any other industry, new players eventually enter the competitive landscape. SoFi Technologies (NASDAQ: SOFI) is quietly disrupting the banking sector, and you may not even realize it. The company does not have physical […]
Financial technology (fintech) is an industry exploding with potential. And as the opportunity grows, more companies have been entering the ring. But they’re not all the same. You can diversify by buying fintech-focused exchange-traded funds (ETF) like Cathie Wood’s Ark Fintech Innovation ETF, which has gained more than double the S&P 500 during the past […]
PayPal (NASDAQ: PYPL) and Block (NYSE: SQ) are two of the most popular fintech stocks today. Both have market caps of about $50 billion to $60 billion. Both have strong histories of growth. And both have plenty of growth potential. One stock, however, is a much better buy today. PayPal bets $5 billion on itself […]
The S&P 500 is hovering around its all-time high as we head into March, but that doesn’t mean that all stocks have become expensive. There are some excellent opportunities for risk-tolerant long-term investors, especially in the financial technology, or fintech, industry. Here are two companies, in particular, that look like incredible buys as winter comes […]
Many fintech stocks tumbled during the past two years as rising interest rates curbed consumer discretionary spending, made borrowing money a lot less appealing, and compressed the market’s valuations. Tech giants like Apple also challenged smaller fintech companies by rolling out its own digital payment and lending platforms. However, shrewd investors can still find some […]
In this piece, I evaluated two fintech stocks, Block (NYSE:SQ) and SoFi Technologies (NASDAQ:SOFI), using TipRanks’ comparison tool to see which is better. A closer look suggests a neutral view for Block and a bullish view for SoFi. Previously known as Square, Block provides payment-processing solutions for credit cards, including point-of-sale software and hardware. Meanwhile, […]
SoFi Technologies (SOFI) reported its first profit on an adjusted basis as fourth quarter revenue topped Wall Street targets. SoFi stock popped as 2024 earnings guidance also came in above expectations. X In the December quarter, SoFi said it earned 2 cents on an adjusted basis with revenue up 34% to $594.2 million. Analysts had […]
The High Court has appointed joint provisional liquidators to a financial firm that issues prepaid cards allowing customers to buy goods and services throughout the European Union. On Wednesday, Mr Justice Mark Sanfey appointed experienced insolvency practitioners Kieran Wallace and Andrew O’Leary of Interpath Advisory Ireland as provisional liquidators to PFS Card Services Ireland Ltd, […]
With the artificial intelligence (AI) craze at an all-time high these days, investors are looking for ways to get exposure to this new technology. A company like Upstart (NASDAQ: UPST), which has developed a disruptive AI-powered lending service, might be on your radar right now. If you’re an investor looking to add shares of Upstart […]
The stock market had an excellent year in 2023, but there are still some excellent long-term opportunities available. That’s especially true in the financial technology, or fintech, industry. If you have a few thousand dollars to invest, here are two fintech stocks that could be excellent long-term investments. One has rapid growth momentum and the […]