11 Best Fintech Stocks to Buy Right Now

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7. Shopify Inc. (NASDAQ:SHOP)

Number of Hedge Fund Holders: 77

Shopify Inc. (NASDAQ:SHOP) ranks among the best fintech stocks to buy right now. On July 2, Cantor Fitzgerald analyst Deepak Mathivanan reiterated a “Neutral” rating on Shopify Inc. (NASDAQ:SHOP) with a price target of $91 in a research note.

This decision by the research firm came after Shopify Inc. (NASDAQ:SHOP) announced a new partnership with Coinbase that will allow consumers to use USDC stablecoin for payments on Shopify stores.

According to Cantor Fitzgerald, this new payment option with USDC integration is now available to merchants in early access across the US and in over 30 other countries.

Shopify Inc. (NASDAQ:SHOP) is a Canadian multinational commerce and financial technology company. It provides a platform for e-commerce and offers a suite of financial tools, including Shopify Balance, Shopify Credit, Shopify Capital, Shopify Bill Pay, and Shopify Tax. These tools help merchants manage cash flow, access funds faster, and simplify financial tasks.

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