![]() One of the more exciting developments from the company is its recent partnership with the self-checkout company Mashgin. Shift4 Payments serves more than 200,000 current partners across the U.S., Canada, Japan, and Europe, processing over $200 billion of transactions annually. Shift4 Payments also offers a variety of software integrations to support businesses in a range of industries.įOUR stock has been relatively stable over the last year, price-wise, yet it still offers approximately 15% upside according to analysts. The company’s offerings include contactless payments, gift cards, loyalty programs, and advanced security and fraud prevention tools. The company’s strong growth across an underserved Latin American payments landscape provides excellent upside to long-term investors.Īnother up-and-coming fintech stock, Shift4 Payments (NYSE: FOUR) provides payment processing solutions and related services. The company’s POS (point of sale) business has expanded rapidly, with that $25 billion in payment volume representing 51% year-over-year growth. Notably, more than $25 billion of that volume was off-platform. MercadoLibre also rocessed $36 billion in total payment volume in Q4, a 45% increase over the same time frame. ![]() Unique active users reached 44 million in the fourth quarter, representing a 27% increase year-over-year. Mercadolibre’s recent earnings report highlights the firm’s fintech success. The company’s high-quality offerings have contributed to the its regional growth and success. The company and its fintech platform have become very popular in Latin America, where traditional banking services are less accessible. Those services allow users to make payments, send money, and access credit in markets that may otherwise be under-served. The company offers payment processing, digital wallets, and other financial services. Latin American e-commerce company MercadoLibre (NASDAQ: MELI) provides various fintech offerings in Latin America. The company maintains hubs in Singapore, Chicago, San Francisco, Madrid, and Sao Paolo. That resulted in €1.3 billion in total revenues, up 30% over the same period a year earlier.Īdyen noted solid growth in North America and Asia, and its shares carry several hundred dollars of upside beyond their current price. Most metrics indicate that the company continues to experience strong overall growth, making it a reasonable investment.Īdyen processed €767.5 billion of payments for the entire year, representing a 49% year-over-year increase. The company recently released its full fiscal year 2022 earnings results. These solutions include a range of payment methods and currencies, as well as fraud prevention and data analysis tools to assist their customers. The company helps businesses increase revenue by providing customer payment solutions across multiple channels and devices. ADYYFĪdyen (OTCMKTS: ADYYF) is a global payment technology company offering a simplified platform to accept payments anywhere in the world. Here are seven fintech growth stocks I think are worth diving deeper into. That means seeking companies with strong financials, solid growth potential, and a competitive edge in their niche. When investing in fintech growth stocks, as with all stocks, you must do your due diligence and research the companies you are considering. That said, this disruptive sector promises better days. ![]() Payment stocks performed worse than the overall S&P 500, which dropped more than 19%. Such investors will certainly hope 2023 will be better than 2022, which saw fintech stocks waver. This disruptive potential can lead to impressive growth, making it an attractive sector for investors with a more aggressive risk tolerance threshold. Fintech companies use technology to disrupt the traditional financial services sector, creating innovative solutions that increase efficiency and accessibility. Investing in fintech growth stocks is an excellent strategy for those seeking high returns in the stock market. InvestorPlace - Stock Market News, Stock Advice & Trading Tips
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