1 Fintech Stock to Buy Before 2021
Normally, a big recession like the one we experienced in early 2020 is bad news for financial stocks. However, the peculiar nature of the pandemic has actually been something of a boon to disruptive fintech stocks.
Because people have had to stay home, retailers and banks have had to reach their customers digitally. That shift has accelerated the use of cashless payments for consumers and cloud-based solutions for financial companies.
Several different next-gen fintech stocks have thus done very well in 2020. One such intriguing name posting impressive growth metrics heading into 2021 is Chinese fintech OneConnect Financial Technology (NYSE: OCFT).
Source Fool.com