Published on 7 Oct 2024 on Insider Monkey · via Yahoo Finance
Is Shift4 Payments, Inc. (FOUR) The Most Promising Fintech Stock to Buy Now?
We recently compiled a list of the 13 Most Promising Fintech Stocks to Buy. In this article, we are going to take a look at where Shift4 Payments, Inc. (NYSE:FOUR) stands against the other promising fintech stocks.
Global Fintech at a Glance
According to a report by Expert Market Research, the global fintech market was valued at $226.71 billion in 2023 and is expected to grow to $917.17 billion by 2032, at a compound annual growth rate of 16.8% between 2024 and 2032. CNBC has unveiled a comprehensive distribution of the fintech industry by category. Payments make up 20%, alternative finance 16%, neo banking 14%, wealth technology 12%, business process solutions 10%, financial planning 8%, banking solutions 10%, and digital assets 6%, of the industry.