10 Best Fintech Stocks to Invest In According to Billionaires

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6. Shopify Inc. (NASDAQ:SHOP)

Number of Billionaire Investors: 27

Shopify Inc. (NASDAQ:SHOP) is one of the best fintech stocks to invest in according to billionaires. On April 21, RBC Capital reaffirmed its Outperform rating on Shopify Inc. (NASDAQ:SHOP) with a price target of $170 on the stock. This update comes after stronger growth in US e-commerce data.

According to the report by the US Census Bureau, non-store sales increased 13.2% year-over-year in March. This was higher than the growth of 8.6% seen in February and 7.2% in January. For the first quarter, US e-commerce sales reached $380 billion, rising 9.7% compared to the same period last year. This was also an improvement from 6.5% growth in the fourth quarter of 2025.

RBC Capital said the data suggests that Shopify Inc.’s (NASDAQ:SHOP) gross merchandise volume (GMV) grew 34.3% year-over-year to $100.4 billion. This is 1.8% above market expectations of $98.7 billion. The research firm said that Shopify Inc.’s (NASDAQ:SHOP) gross payment volume has been growing higher than GMV, supported by higher adoption of its payment services and offline momentum.

According to RBC Capital, Shopify Inc. (NASDAQ:SHOP) is expected to continue growing its GMV faster than the US e-commerce market. This view is supported by the company’s growing traction with large enterprises, expansion into international markets, and moves into new areas like point-of-sale and business-to-business.

Shopify Inc. (NASDAQ:SHOP) is a Canadian multinational commerce and financial technology company that offers an all-in-one e-commerce platform and a wide range of financial tools and services.

While we acknowledge the potential of SHOP to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SHOP and that has 100x upside potential, check out our report about the cheapest AI stock.

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