In this article, we will be taking a look at the 10 Most Promising Fintech Stocks to Buy Now.
On July 6, CNBC reported that Swedish fintech company Klarna Group plc (NYSE:KLAR), known for its buy now, pay later offerings, stated that it has applied to federal and state regulators to establish a US bank subsidiary.
If regulators approve the application, Klarna Bank USA would become a Federal Deposit Insurance Corp.-backed institution chartered in Utah.
According to the report by CNBC, Klarna Group plc’s (NYSE:KLAR) application is the latest sign that fintech companies, which mostly relied on partnerships with US banks to offer services, now want to own their own charters. In April, fintech firm Mercury also secured conditional approval to establish its own bank, joining several fintech and crypto companies looking to become part of the traditional banking system.
Owning a bank gives fintech companies several advantages. It allows them to use their own customer deposits to fund loans instead of relying on more expensive wholesale financing. It would also enable them to offer products such as checking accounts and credit cards directly to customers while reducing their dependence on third-party banking partners.
With this background in mind, let’s take a look at the 10 most promising fintech stocks to buy now.
Our Methodology
To compile our list of the 10 most promising fintech stocks to buy now, we looked for the biggest fintech companies. We reviewed our own rankings, financial media reports, ETFs, and various online resources to compile a list of the best fintech stocks. Next, we focused on the top 10 most promising stocks most favored by institutional investors. Data for the hedge fund sentiment surrounding each stock was taken from Insider Monkey’s Q1 2026 database of 1022 elite hedge funds. Finally, the 10 most promising fintech stocks were ranked in ascending order based on the number of hedge funds holding stakes in them as of Q1 2026.
Why do we care about what hedge funds do? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Insider Monkey’s quarterly newsletter strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
10 Most Promising Fintech Stocks to Buy Now
10. Fiserv, Inc. (NASDAQ:FISV)
Number of Hedge Fund Holders: 61
Fiserv, Inc. (NASDAQ:FISV) is one of the most promising fintech stocks to buy now. On July 9, Goldman Sachs analyst Will Nance reduced the firm’s price target on Fiserv, Inc. (NASDAQ:FISV) from $70 to $60 and maintained a Neutral rating on the stock.
The analyst noted that the payments sector appears to be in a relatively strong position heading into Q2 earnings because of improved fundamentals, despite weak share performance so far this year.
Also on July 9, Wells Fargo cut its price target on Fiserv, Inc. (NASDAQ:FISV) from $62 to $56 and maintained its Equal Weight rating on the stock.
The research firm said it believes the company’s second-quarter estimates are achievable, but does not expect the earnings report to provide a boost to the stock. According to Wells Fargo, investors remain focused on the company’s steep expected growth in the second half of the year and its sudden CEO change.
Wells Fargo said key areas to watch include guidance for merchant transactions, the leadership transition, visibility into the expected second-half acceleration, the core banking business, and the potential debit network sale.
Fiserv, Inc. (NASDAQ:FISV) is a global financial technology and payments company that offers solutions for banking, merchant acquiring, global commerce, billing and payments, and point-of-sale.
9. Block, Inc. (NYSE:XYZ)
Number of Hedge Fund Holders: 63
Block, Inc. (NYSE:XYZ) is one of the most promising fintech stocks to buy now. On July 9, Mizuho reaffirmed its Outperform rating on Block, Inc. (NYSE:XYZ) with a price target of $100 on the stock.
The research firm said its recent survey of Cash App users to assess the potential of Neighbourhoods, the company’s new loyalty program for both Cash App users and Sellers, showed encouraging results.
Around two-thirds of users suggested they would either be likely or very likely to join the Neighborhoods loyalty program. Mizuho expects that Block, Inc.’s (NYSE:XYZ) new loyalty program has the potential to support user engagement and monthly active user growth over time.
During the company’s first-quarter earnings call, Block, Inc.’s (NYSE:XYZ) management described Neighborhoods as “probably the biggest lever” that the company has and pointed out that it “has the ability to just fundamentally change the size of our network and the trajectory of growth, but we’re in early days there.”
Management also noted that approximately half of the Neighborhoods following had not been active on Cash App in the month before they joined the platform.
Block, Inc. (NYSE:XYZ) is an American financial technology company that offers a range of financial products and services to consumers and merchants.
