The world of Fintech has seen an explosive amount of growth over the past year, with investments pouring into tech startups that specialize in services such as banking, investments, payments, and more. With 2020 came further investment and innovation in the space, as investors sought out more innovative ways to modernize traditional financial institutions.
As such, it’s no shock that the Nadsaq has already seen an influx of Fintech firms join the stock market. The Nadsaq offers a wide range of Fintech stocks and tracks the performance of businesses in the space. Looking ahead to 2023, it’s likely the Nadsaq will continue to draw in even more Fintech stocks and investors searching for innovative solutions for their portfolios.
In this article, we’ll take a look at the top 5 Nadsaq Fintech stocks of 2023. It’s critical for investors to not only understand the current trends in the space, but stay ahead of future investments and strategies that will benefit them.
1. Square Inc. (SQ). Square offers a robust set of financial services for small businesses, from inventory and payroll solutions to payments processing and even a credit card processing service. Square has become one of the more reliable Fintech stocks on the Nadsaq, and could see further growth as more businesses become familiar with their services.
2. Visa Inc. (V). Visa is one of the largest payment networks in the world, and their stock has grown significantly over the past year as the popularity of contactless payments continues to rise. The company also offers a variety of new services tailored towards businesses, such as B2B payment options for international payments, making them a great option for investors of all backgrounds.
3. PayPal Holdings Inc. (PYPL). PayPal provides customers with an electronic wallet and payment system, providing a safe and secure way to send money online. This makes them a great option for those looking to make online purchases or send money to friends or family.
4. Shopify Inc. (SHOP). Shopify is a leading ecommerce platform, allowing users to create their own stores and sell products online. As the popularity of online shopping continues to rise, Shopify’s stock value could continue to see growth throughout 2023.
5. Fidelity National Information Services Inc. (FIS). Fidelity is a financial services provider that works with banks, credit unions, and other financial institutions to provide secure and reliable services with integrated solutions. A great option for anyone looking to invest in a reliable financial player.
These are just a few of the Nadsaq Fintech stocks that are bound to do well throughout the remainder of 2023. It’s incredibly important to do your own research, however, to make sure you’re making well-thought out investments that best suit your individual portfolio. Stay ahead of the latest trends in the Fintech space and make sure your portfolio is prepared for whatever the future brings.