Top Fintech Stocks To Follow Today - July 11th

Key Points

• MarketBeat says seven fintech stocks are worth watching today based on recent dollar trading volume: Rocket Companies, LexinFintech, Kaspi.kz, Wealthfront, IDT, UP Fintech, and PPDAI Group.
• The article highlights that these companies span different areas of fintech, including mortgage lending, consumer finance, payments, brokerage, and wealth management, showing the sector’s broad reach.
• Rocket Companies is featured as a major player in mortgage and homebuying technology, while other names like LexinFintech and UP Fintech focus on online lending and brokerage services in China.

Rocket Companies, LexinFintech, Joint Stock Company Kaspi.kz, Wealthfront, IDT, UP Fintech, and PPDAI Group are the seven Fintech stocks to watch today, according to MarketBeat's stock screener tool. “Fintech stocks” are shares of companies that use technology to provide financial services, such as digital payments, online banking, lending platforms, brokerage apps, and financial software. For stock market investors, the term typically refers to publicly traded firms in the financial technology sector that aim to disrupt or improve traditional banking and finance through innovation. These companies had the highest dollar trading volume of any Fintech stocks within the last several days.

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

LexinFintech (LX)

LexinFintech Holdings Ltd., through its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates Fenqile.com, an online consumption and consumer finance platform that offers installment purchase and personal installment loans, as well as online direct sales with installment payment terms; and Le Hua Card, a scenario-based lending.

Read Our Latest Research Report on LX

Joint Stock Company Kaspi.kz (KSPI)

Joint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in the Republic of Kazakhstan. It operates through three segments: Payments Platform, Marketplace Platform, and Fintech Platform. The Payments Platform segment facilities transactions between customers and merchants.

Read Our Latest Research Report on KSPI

Wealthfront (WLTH)

We’re a different kind of FinTech. We are a technology company that built a financial solutions platform for “digital natives,” defined as those born after 1980 (i.e., Millennials, Gen Z, and later generations). Our platform is designed to address the needs of the wealth builders within these generations.

Read Our Latest Research Report on WLTH

IDT (IDT)

IDT Corporation provides communications and payment services in the United States, the United Kingdom, and internationally. It operates through Fintech, National Retail Solutions, net2phone, and Traditional Communications segments. The company operates point of sale, a terminal-based platform which provides independent retailers store management software, electronic payment processing, and other ancillary merchant services; and provides marketers with digital out-of-home advertising and transaction data.

Read Our Latest Research Report on IDT

UP Fintech (TIGR)

UP Fintech Holding Limited provides online brokerage services focusing on Chinese investors. The company has developed a brokerage platform, which allows investor to trade stocks, options, warrants, and other financial instruments that can be accessed through its APP and website. It offers brokerage and value-added services, including investor education, community engagement, and IR platform services.

Read Our Latest Research Report on TIGR

PPDAI Group (FINV)

FinVolution Group operates in the online consumer finance industry. The company operates a fintech platform that is empowered by borrowers with financial institutions. It operates in China and internationally. The company was formerly known as PPDAI Group Inc. and changed its name to FinVolution Group in November 2019.

Read Our Latest Research Report on FINV

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