5 Best Fintech Stocks to Buy as Digital Payment Volume Surges

In this article, we will take a look at the 5 Best Fintech Stocks to Buy as Digital Payment Volume Surges. For a deeper discussion and an expanded list, please see the article 7 Best Fintech Stocks to Buy as Digital Payment Volume Surges.

5. Block Inc. (NYSE:XYZ)

Short % of Float: 3.89%

Block Inc. (NYSE:XYZ) ranks among the best fintech stocks to buy as digital payments volume surges. On June 23, TD Cowen reiterated its Buy rating and $101 price target for Block Inc. (NYSE:XYZ). The firm’s evaluation came after investor discussions with Block in Montreal and during the TD Cowen 2026 US Corporate Access Day in Toronto.

TD Cowen highlighted that Block’s product velocity is increasing, and the company’s structural reset is yielding real outcomes. According to the firm, AI is transforming how Block Inc. (NYSE:XYZ) operates, and Neighborhoods has the potential to serve as a crucial bridge between Square and Cash.

Furthermore, on June 17, Block Inc. (NYSE:XYZ) announced the release of Builderbot, an AI management tool that coordinates numerous AI agents throughout the company’s codebase and operates within Slack to streamline software development tasks. The application performs over 200,000 operations each day and combines around 1,500 pull requests every week, accounting for roughly 15% of all production code changes throughout Block Inc. (NYSE:XYZ).

Block Inc. (NYSE:XYZ), founded in 2009 by Jack Dorsey, is an American financial services company. It offers point-of-sale systems and credit solutions to merchants through its Square subsidiary. It offers peer-to-peer payment, banking, and Bitcoin trading through its Cash App platform.