2 Fintech Stocks You Can Buy Right Now
Financial technology has brought financial services into the digital age. And the COVID-19 pandemic has accelerated the trend toward bringing the world's business online.
Two fintechs making big strides in this environment are Tradeweb Markets (NASDAQ: TW) and Silvergate Capital (NYSE: SI). Both are innovators with a customer-centric focus, and the markets have rewarded them as a result. Over the past two years, Tradeweb's stock has doubled, and Silvergate's has returned almost 900% -- both crushing the S&P 500's return of 46% in the same period.
Tradeweb offers an electronic trading platform for big institutional investors in a variety of markets. Its customers include hedge funds, insurance companies, central banks, and market makers, and it helps them trade assets like U.S. Treasuries (its first market in 1998) and corporate debt, as well as stocks.
Source Fool.com
