3 Top Fintech Stocks to Buy in May
If you paid for anything online recently, you've undoubtedly engaged the services of a fintech company. While some companies such as PayPal (NASDAQ: PYPL) are fairly well-known, others operate more behind the scenes or are just starting to make their mark in public.
Financial technology services, or fintech, have been a growing investment category as many financial services related companies incorporate technology into their innovations. And since e-commerce requires a healthy relationship with financial institutions, fintech companies are in a good place to grow. While many other businesses are struggling against COVID-19 headwinds, fintech companies are finding more tailwinds.
PayPal, Q2 Holdings (NYSE: QTWO), and Axos Financial (NYSE: AX) are three examples of fintech companies that are seeing strong growth this month, and their prospects have been reinforced by their business plans, even in the time of COVID-19. Let's take a closer look at these three fintech companies and what sets them apart.
Source Fool.com