Reply To: I’m interested in investing in fintech stocks on the NASDAQ. Can you suggest some of the most promising companies to invest in, and what should I consider before making my investment decisions?

[Simon Haughtone]

Let me add a few more fintech stocks to the above list: – Bank of America: Bank of America has improved asset quality and efficiency since the 2008-09 financial crisis. It was named the No. 1 bank for “Online Banking and Mobile Banking Functionality” by Javelin in 2022 and “Best Consumer Digital Bank in the U.S.” by Global Finance. With a cheaper valuation and a 2.6% dividend yield, it’s an interesting fintech to consider. – Adyen provides payment processing solutions for large businesses such as Microsoft, Uber, and McDonald’s. It has processed over $700 billion in annualized payment volume as of mid-2022 and has a highly profitable 59% EBITDA margin that may improve as it scales. – MercadoLibre is known as the Amazon.com of Latin America, with over $30 billion in annualized merchandise sales volume. The company also has a logistics platform (Mercado Envios) and a lending business (Mercado Credito), both of which have seen significant growth in recent years.