5 First-Class Fintech Stocks to Watch

A COVID-related boost for fintech stocks may be fading, but the long-term prospects for the financial technology industry remain strong. That's good news for these five picks.

woman using phone to make a payment
(Image credit: Getty Images)

COVID-19 accelerated the adoption of digital payments. Work-from-home arrangements, lockdowns and the surge in e-commerce drove a surge in digital payments and benefited various financial technology firms, also known as fintech stocks.

Per the World Bank, about 67% of adults worldwide now make or receive a digital payment. Furthermore, the proportion of adults utilizing digital payments in developing economies increased to 57% in 2021 from 35% in 2014.


Data is as of Aug. 24. Stocks are listed in reverse order of the amount of upside potential implied by TipRanks-surveyed analysts' consensus price targets.


This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Sirisha Bhogaraju