Does It Pay to Invest in Payments?
Season 13 Episode 02 The ongoing global shift to electronic payments has created a new growth area industry of financial technology companies. These businesses tend to feature recurring revenues, high free cash flow, and low capital expenditures. The fi
February 20, 202518m 18s
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Show Notes
Season 13 Episode 02
The ongoing global shift to electronic payments has created a new growth area industry of financial technology companies. These businesses tend to feature recurring revenues, high free cash flow, and low capital expenditures. The financial services sector, which houses Visa and Mastercard, returned 28% last year, while the consumer finances sector, home to credit card companies like American Express and Capital One, returned 55%, outperforming the Magnificent 7. For investors looking for high-quality growth opportunities outside of mega-cap tech, fintech could certainly be a good place to start. On this episode of Insights Now, my new co-host Gabriela Santos will be joined by David Chan, an equity research analyst covering payment and business services companies here at J.P. Morgan Asset Management.
The ongoing global shift to electronic payments has created a new growth area industry of financial technology companies. These businesses tend to feature recurring revenues, high free cash flow, and low capital expenditures. The financial services sector, which houses Visa and Mastercard, returned 28% last year, while the consumer finances sector, home to credit card companies like American Express and Capital One, returned 55%, outperforming the Magnificent 7. For investors looking for high-quality growth opportunities outside of mega-cap tech, fintech could certainly be a good place to start. On this episode of Insights Now, my new co-host Gabriela Santos will be joined by David Chan, an equity research analyst covering payment and business services companies here at J.P. Morgan Asset Management.