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10 Fintech Stocks to Own for the Next 10 Years

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If you ask the average investor what the best fintech stocks to own are, my guess is that most would respond with some blockchain or cryptocurrency play.

However, fintech is so much more.

The money being invested in fintech companies of all sizes continues to grow as investors look to capitalize on one of the most significant secular trends to hit the financial services industry in the past 100 years.

Venture capital-backed fintech firms raised $16.6 billion in financing in 2017, significantly higher than the $3.8 billion raised four years earlier. The biggest growth is coming from Europe where $2.7 billion was raised by fintech companies in 2017, 121% higher than a year earlier.

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So, the answer is to invest in European-focused fintech businesses, right? Not so fast.

Those numbers refer to VC-backed fintech companies. According to KPMGs Q4 2017 fintech report, $8.7 billion was invested in fintech on a global basis during the quarter and to over $31 billion for the entire year.

Globally, there are 25 fintech unicorns (valuation > $1 billion) valued at $76 billion. Many of these are still are private but there ways to get in on the action via the public markets.

Here are my ten fintech stocks to own for the next ten years.

SEE ALSO FROM KIPLINGER: 50 Dividend Stocks You Can Count On

Prices and data are from the original InvestorPlace story published on Mar. 2. Click on ticker-symbol links in each slide for current prices and more.

This slide show is from InvestorPlace, not the Kiplinger editorial staff.

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