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1 Fintech Stock to Buy Before 2021

TheMotleyFool

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Fintech, or financial technology, is one of the most exciting growth opportunities in the stock market. The global payments industry is estimated to be worth $185 trillion, and the majority of payment transactions around the world still take place in cash. There's a tremendous opportunity in the cashless payments space, especially in parts of the world where e-commerce and credit card adoption are still nascent.

With that in mind, Argentina-based MercadoLibre (NASDAQ: MELI) could be a smart way to get fintech exposure in your portfolio as we head into 2021.

Image source: Getty Images.

Source Fool.com

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