Fintech players are challenging traditional banks by upping the ante with innovative platforms, product personalisation and flexible payment options.
With the pressure on traditional banking, most payment solutions and other financial services are undergoing a rapid digital transformation.
These five US fintech stocks are not only riding the wave but helping to shape the next era of finance.
Affirm (NASDAQ: AFRM)
Affirm is a fintech firm focusing on buy now, pay later (BNPL) solutions with an emphasis on financial literacy.
For the third quarter of the fiscal year 2025 (3Q FY2025) ending 31 March 2025, Affirm reported revenue growth of 36% year-on-year (YoY) to US$783 million.
This growth is primarily driven by a surge in gross merchandise volume (GMV) by 36% YoY to US$8.6 billion.
This increase was led by a robust performance of the Affirm Card.
The Affirm Card’s GMV saw a 115% YoY growth to US$807 million….
