Best Fintech Stocks to Buy in 2022

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We have seen that technology stocks got premium valuations during the pandemic, with many people investing in the best fintech stocks. 

However, investors are not willing to pay the same premium for these businesses because of inflation and rising interest rates. That is why the biggest names in the industry are selling off, and this is a great chance to invest money in the right business. 

Investors who have a long-term approach may be getting the great advantages that the financial services industry brings to the market. There are advantages like online payments, digitization of money, easier access to credit, and nonbank services. All of these factors are relevant to the people who want safe investments and long-term success.

financial services industry

Invest money with the right list of fintech stocks.

Best Fintech Stocks (2022)

There are the best fintech stocks for 2022 that are worth investing in this year. Let’s take a look at them. 

Paypal Holdings Inc.

Paypal has been one of the leaders of digital payment methods in the past two decades. The platform has more than 400 million users and it covers more than 200 markets all over the world. 

Many experts believe that Paypal will continue to be the leading company when it comes to e-commerce growth. Each year, the company acquires new markets and offers something new to the customers. In 2022, the company is starting with the Pay With Venmo option. This solution will be available on the Amazon platform as one of the payment options. 

At the same time, Paypal continues to grow its services like peer-to-peer payments, crypto. Venmo, and buy-now, pay-later. 

Intuit Inc.

Intuit is among the best fintech stocks to buy in 2022, mainly because of the huge growth over the last period. Earlier, the company grew by $1.3 billion a year. In comparison to that, we now have the growth of $2 billion in the most recent quarter. This is a huge development in the revenue that came with the company’s innovations. 

This platform has a suite of services like QuickBooks, Credit Karma, TurboTax, Mailchimp, and Mint. It is now a complete platform for small and medium-sized businesses. 

Upstart Holdings Inc.

If you plan to invest in the Upstart Holdings stock, you will most probably gain success. The company is an artificial intelligence lending platform and it usually has partnerships with banks to secure affordable credits to the clients. 

In the latest reports, we can notice that the company tripled its revenue and profits since the public offering last year. During the third quarter of 2021, the Upstart Holdings company reported 250% revenue growth, which was huge proof of the quality of the products and services the company offers to its clients. 

Robinhood Markets Inc.

Robinhood is a company that gained much success in recent periods of time, mainly because of the huge number of active users of the platform. There are 18 million monthly active users of the platform and 22 million funded accounts. 

These are the numbers that speak about the quality of the options that Robinhood offers to the users. These options are very useful, and these include live customer support, retirement account offerings, access to cryptocurrency, a recurring investing option, and many more solutions that can improve the financial perspective. 

Amazon.com Inc.

Because of the collaboration between Amazon and stock giants like Block and Intuit, this stock holds a significant market position. These kinds of collaborations will have a significant impact on Amazon.

Many initiatives will build a solid ground for Amazon to include buy-now, pay-later business (BNPL) models. With these models, the company tries to attract even more buyers and ensure larger profits. 

The post Best Fintech Stocks to Buy in 2022 appeared first on Industry Leaders Magazine.

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