Fintech Stocks: Mixed Q4 Results, Resilient Names
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Fintech stocks ended Q4 with mixed results, beating revenue estimates by 2.3% on average and seeing shares rise 8.9%. LendingTree and Remitly led the pack, with LendingTrees revenue surging 22% and Remitlys up 26%. Robinhood grew fastest at 27%, but missed estimates by 4%, while Coinbase saw a 22% drop in revenue. Despite misses, investors remained optimistic due to growth trends disrupting traditional banks. AI tools and crypto plays remain a focus, with fintech companies betting big on underserved markets for the long haul.
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