The FinTech industry has been gaining an immense amount of momentum in recent years, and the Nasdaq has become a leader in these technological advancements. With massive investments from leading technology and finance companies, the Nasdaq-traded FinTech sector has become a major point of interest for investors. In this article, we will take a look at the top five Nasdaq-traded stocks in the FinTech sector that are likely to do very well in 2023.
The first of the top five Nasdaq-traded stocks for the FinTech sector is Square, Inc. Square is a payment processing and digital banking company that has experienced remarkable growth over the past few years. They have been aggressively acquiring other companies in the same space, and their platform is becoming increasingly popular among businesses. If Square’s growth continues in the same manner, they will be a key player in the FinTech industry in 2023.
The second of the top Nasdaq FinTech stocks for 2023 is Plaid Inc., a company that provides technology solutions for financial institutions, banks, and other financial institutions. By providing digital infrastructure to these companies, Plaid is enabling them to offer better customer experiences. This could be a key factor in the growth of the FinTech sector in the coming years, and it makes Plaid a top stock to watch in 2023.
The third of the top Nasdaq FinTech stocks to watch is Global Payments Inc., a payment processing company that has been expanding rapidly. With their presence in multiple countries, Global Payments is one of the foremost names in the global payment processing space. They have also made a number of strategic acquisitions, making them a leader in the payment processing industry.
The fourth stock to watch in 2023 is PayPal Holdings Inc., a company that is revolutionizing payment processing. With their newly launched Venmo service, they are providing users the ability to send, receive, and manage money from their mobile devices. This has been a game changer in the payment processing industry and has made PayPal a top-rated player in the FinTech sector.
The final of the top five Nasdaq-traded stocks for the FinTech sector in 2023 is Ant Group, the world’s largest mobile payments company based in China. Ant Group has made great strides in providing financial services to businesses and individuals alike, and it is well positioned to benefit from the continued growth of FinTech in the coming years.
These five stocks are likely to be at the forefront of the FinTech sector in 2023, and they are all poised to benefit from the enormous investments being made by the biggest players in technology and finance. With the increasing popularity of digital payments, these stocks could be major players in the sector in the years ahead. As always, investors should do their own research before investing in any of these stocks.
