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Fintech financing was up 147% year-over-year in the third quarter of 2021, according to a CB Insights research report. Furthermore, as of October 2021, year-to-date fintech funding had already surpassed the 2020 levels. Investors’ interest has also been growing in the fintech sector due to its payment innovations.
Given the industry’s solid growth prospects, fundamentally strong fintech stocks Sapiens International Corporation N.V. (SPNS), Mitek Systems, Inc. (MITK), and QIWI plc (QIWI) could be quality additions to one’s portfolio now.
