The COVID-19 pandemic changed the way we pay for goods and services forever. Retail, real-time mobile P2P payments, remittances, and business payments all saw a surge in digital payments. In 2020, mobile proximity payments will total $131.36 billion. From 2020 to 2025, KPMG forecasts a 20% increase in the fintech market. During this time, fintech startups received $42.3 billion in venture capital funding. The amount of venture capital investment in the digital banking sector was the greatest for the year. Warren Buffett and Berkshire Hathaway Inc. have been observed investing in companies like Nubank, a Latin American totally digital “neobank.” As a result, we’ve developed a list of the top digital currency stocks to buy.
Insider Monkey looks at the 10 best digital money stocks to invest in. On the list of the best digital money stocks to invest in, Sea Limited is ranked 10th. The company’s revenue increased by 92.98 percent year over year to $1.76 billion, with a gross profit margin of 32.95 percent. Coinbase Global, Inc. is ranked 9th among the top digital currency stocks to buy. The company provides crypto-economy primary financial accounts as well as a platform for investing, storing, spending, and otherwise using crypto assets. On the list of the best digital money stocks to invest in, Futu Holdings Limited is ranked eighth. The stock has increased by 156.16 percent in the last six months and is up by 200.59 percent year to date. Green Dot Corporation is ranked 7th among the best digital currency stocks to buy. The company’s revenue was $379.81 million, up 9.6% year over year and $19.47 million higher than expected. Paysafe Limited is ranked 6th among the finest digital money stocks to buy. Analysts say the company’s B2C revenue stream is a “key differentiator” that sets it apart from its competitors. For more details, click 10 Best Digital Money Stocks to Invest In.
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