The financial sector is one of the most important and lucrative industries in the world. It is ever-evolving, but not always in a positive way. But one segment of finance that has enjoyed tremendous growth over the past few years is FinTech.
FinTech, shorthand for “financial technology,” is the use of software and technology to streamline and improve existing financial services. This is being used to reduce costs, increase access to financial services, and provide a better customer experience.
Financial technology has seen enormous growth with Nasdaq, the world’s largest electronic stock exchange, at the forefront. As of July 2021, Nasdaq is the largest exchange in terms of market capitalization and it is home to a number of the world’s most valuable companies. And these companies are getting into the FinTech arena too.
Here are the top five Nasdaq FinTech stocks of 2023, that investors should keep an eye on.
Top 5 Nasdaq FinTech Stocks of 2023
1. PayPal (NASDAQ: PYPL):
PayPal is one of the pioneers in the FinTech space. This online payment giant has been in business for over two decades and has evolved into a diversified financial services company. It now provides money transfers, merchant services, online auctions, and many other digital finance services to millions of customers worldwide.
2. Visa (NASDAQ: V):
Visa is another veteran of the FinTech industry. This issuer and processor of credit and debit cards are ubiquitous and it’s been a catalyst for the rapid growth of cashless transactions over the past decade. It is the largest card network in the world, with operations in more than 200 countries.
3. Square (NASDAQ: SQ):
Square is a FinTech company that has disrupted the payments industry with its mobile-based payment solution. It offers a range of products designed to make it easier to accept payments, including point-of-sale systems and mobile payment apps.
4. Intuit (NASDAQ: INTU):
Intuit is a software company that provides cloud-based financial solutions to over 50 million customers globally. Its portfolio includes popular products such as TurboTax, QuickBooks, and Mint, which allows users to manage and optimize their personal finance.
5. Worldpay (NYSE: WP):
Worldpay owns and operates a global payments network that facilitates payments processing for a variety of organizations. The company is always on the lookout for innovative ways to deliver secure and seamless payment experiences.
These are just a few of the top Nasdaq FinTech stocks for 2023. Investors should always do their own research before investing in any stock. But if you want to get in on the ground floor of a promising and growing industry, these stocks are worth looking into.
The financial sector is one of the most important and lucrative industries in the world. It is ever-evolving, but not always in a positive way. But one segment of finance that has enjoyed tremendous growth over the past few years is FinTech.
FinTech, shorthand for “financial technology,” is the use of software and technology to streamline and improve existing financial services. This is being used to reduce costs, increase access to financial services, and provide a better customer experience.
Financial technology has seen enormous growth with Nasdaq, the world’s largest electronic stock exchange, at the forefront. As of July 2021, Nasdaq is the largest exchange in terms of market capitalization and it is home to a number of the world’s most valuable companies. And these companies are getting into the FinTech arena too.
Here are the top five Nasdaq FinTech stocks of 2023, that investors should keep an eye on.
Top 5 Nasdaq FinTech Stocks of 2023
1. PayPal (NASDAQ: PYPL):
PayPal is one of the pioneers in the FinTech space. This online payment giant has been in business for over two decades and has evolved into a diversified financial services company. It now provides money transfers, merchant services, online auctions, and many other digital finance services to millions of customers worldwide.
2. Visa (NASDAQ: V):
Visa is another veteran of the FinTech industry. This issuer and processor of credit and debit cards are ubiquitous and it’s been a catalyst for the rapid growth of cashless transactions over the past decade. It is the largest card network in the world, with operations in more than 200 countries.
3. Square (NASDAQ: SQ):
Square is a FinTech company that has disrupted the payments industry with its mobile-based payment solution. It offers a range of products designed to make it easier to accept payments, including point-of-sale systems and mobile payment apps.
4. Intuit (NASDAQ: INTU):
Intuit is a software company that provides cloud-based financial solutions to over 50 million customers globally. Its portfolio includes popular products such as TurboTax, QuickBooks, and Mint, which allows users to manage and optimize their personal finance.
5. Worldpay (NYSE: WP):
Worldpay owns and operates a global payments network that facilitates payments processing for a variety of organizations. The company is always on the lookout for innovative ways to deliver secure and seamless payment experiences.
These are just a few of the top Nasdaq FinTech stocks for 2023. Investors should always do their own research before investing in any stock. But if you want to get in on the ground floor of a promising and growing industry, these stocks are worth looking into.
