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Is StoneCo a Smart Way to Invest in Fintech?

TheMotleyFool

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Is StoneCo a Smart Way to Invest in Fintech?

Fintech company StoneCo (NASDAQ: STNE) has grown rapidly in the Brazilian payment processing industry, and the stock has performed quite well for investors. But with some big-name and deep-pocketed competitors like MercadoLibre (NASDAQ: MELI) and PagSeguro Digital (NYSE: PAGS), is StoneCo still a great way to invest in the war on cash?

In this Fool Live video clip, Fool.com contributor Matt Frankel, CFP, and Industry Focus: Financials host Jason Moser discuss the competitive landscape in Brazilian payment processing and why StoneCo could still have more room to grow.

Source Fool.com

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