1 Fintech Stock to Buy Before 2021

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.

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Source Fool.com