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Fintech Stocks Worth Watching - September 23rd

MercadoLibre logo with Retail/Wholesale background

Key Points

  • MercadoLibre, Rocket Companies, and Quantum FinTech Acquisition are highlighted as top fintech stocks to monitor due to their increased trading volumes.
  • MercadoLibre provides an online marketplace and a fintech platform for digital payment transactions, enhancing commerce across its platforms.
  • Rocket Companies focuses on mortgage lending and related services, offering technology-enabled solutions for home buying and personal loans in the U.S. and Canada.
  • MarketBeat previews the top five stocks to own by October 1st.

MercadoLibre, Rocket Companies, and Quantum FinTech Acquisition are the three Fintech stocks to watch today, according to MarketBeat's stock screener tool. Fintech stocks are publicly traded shares of companies that use technology to deliver or enhance financial services—everything from digital payments and online lending to blockchain solutions and robo-advisors. By combining finance and innovation, these firms aim to make banking, investing and payments faster, more accessible and often more cost-effective. Investors in fintech stocks seek exposure to the sector’s growth potential as technology transforms traditional financial industries. These companies had the highest dollar trading volume of any Fintech stocks within the last several days.

MercadoLibre (MELI)

MercadoLibre, Inc. operates online commerce platforms in the United States. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps.

Read Our Latest Research Report on MELI

Rocket Companies (RKT)

Rocket Companies, Inc., a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business.

Read Our Latest Research Report on RKT

Quantum FinTech Acquisition (QFTA)

Read Our Latest Research Report on QFTA

See Also

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View The Five Stocks Here

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