Digital Payments are transactions that take place via digital or online modes, with no physical exchange of money involved.
The Digital Payments concept includes major US-listed companies that offer electronic and cashless means of payments.
1067.992
-0.514-0.05%
Trading Oct 15 14:14 ET
1073.981High1065.592Low
1070.317Open1068.506Pre Close30.46MVolume14Rise34.43P/E (Static)3.02BTurnover--Flatline0.30%Turnover Ratio1.49TMarket Cap8Fall1.40TFloat Cap
With the FED starting to cut rates and more people using buy now pay later in the US at a CAGR above 25% annually until 2030 this bodes well for $AFRM and others like$PayPal (PYPL.US)$ I am building my position into $AFRM as I believe they have a more focused management and better execution on that sector than other publicly listed companies.
The fintech sector rallied yesterday with notable gains, and the momentum looks set to continue as investors embrace innovation in digital finance. Here’s a breakdown of the top movers: 📈$Upstart (UPST.US)$: +14.99% 📈$SoFi Technologies (SOFI.US)$: +11.43% 📈$Nu Holdings (NU.US)$: +7.08% 📈$Affirm Holdings (AFRM.US)$: +4.63% 📈$Block (SQ.US)$: +2.8% Personally, I’m holding SOFI with a cost basis of $6.50, and with yesterday’s surge, it’s exciting to see the upward trend. As SO...