5 Best Digital Currency and Payments Stocks to Buy Now

3. PayPal Holdings, Inc. (NASDAQ:PYPL)

Number of Hedge Fund Investors in Q4 2022: 115

PayPal Holdings, Inc. (NASDAQ:PYPL) is one of the pioneering movers in the digital payments industry, as it was set up at a time when the industry was in its infancy. It allows users to send money to each other and buy products from merchants. The firm also has a buy now pay later platform.

By the end of 2022’s final quarter, 115 of the 943 hedge funds surveyed by Insider Monkey had invested in PayPal Holdings, Inc. (NASDAQ:PYPL). Ken Fisher’s Fisher Asset Management is the firm’s largest hedge fund investor since it owns 13.5 million shares that are worth $968 million.

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