Fintech, or financial technology, has become an integral part of everyday life, and many US fintech stocks are seeing success.
Year-over-year gain: 1,241.19 percent
Market cap: US$1.39 billion
Share price: US$248.12
Sezzle is a buy now-pay later (BNPL) fintech company that launched in 2016. Its digital payment platform provides an alternative for millions of consumers with limited access to traditional credit.
Sezzle offers a full-suite of interest-free installment plans at online stores and select in-store locations across the US, Canada and Australia. It is the only BNPL platform in North America to offer credit reporting optionality through its Sezzle Up program, allowing users to build credit.
Year-over-year gain: 859.06 percent
Market cap: US$1.09 billion
Share price: US$85.26
Dave is a US-based neobank and a pioneer in the fintech space. The company offers digital banking services through its mobile banking app, launched in 2017. Its offerings include the Dave Debit Card through a license from Mastercard, and its ExtraCash cash advance program. Dave partners with Evolve Bank & Trust, an FDIC member.
Year-over-year gain: 600 percent
Market cap: US$1.17 billion
Share price: US$77.42
Founded in 2015, Root is the parent company of Root Insurance Company, which through the Root app brings data science and technology to the auto insurance market. Currently operating in 34 states, it is the largest insurtech company in the United States.
Year-over-year gain: 233.14 percent
Market cap: US$36.08 billion
Share price: US$40.81
Shares in Robinhood grew by more than 66 percent over the fourth quarter to US$37.26 on December 31, 2024. The company’s highest yearly peak came on December 16 at US$43.20.
Year-over-year gain: 215.79 percent
Market cap: US$880.06 million
Share price: US$11.40
Priority Technology Holdings is a payments and banking fintech firm that provides services to more than 1.1 million active customers spanning small to medium businesses, business to business and enterprises. Its platform allows for the collecting, storing, lending and sending of money.
Priority is another fintech stock on this list that had a great fourth quarter in 2024. Shares in the company rose 88 percent over the period to reach US$11.75 per share on December 31.
Priority’s stock value reached its highest yearly peak of US$12.29 on January 3, 2025.
Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.
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