10 Best Digital Currency and Payments Stocks To Invest In

8. Fidelity National Information Services Inc. (NYSE:FIS)

Number of Hedge Fund Holders: 56

Fidelity National Information Services Inc. (NYSE:FIS) is a leading global provider of financial technology solutions, catering to financial institutions, businesses, and developers globally. The company is well-regarded for its innovative offerings in the fintech sector. FIS is one of the best digital currency and payments stocks to invest in.

On July 6, 2023, Fidelity National Information Services Inc. (NYSE:FIS) accelerated its separation plan to form two focused companies, enhancing strategic flexibility. This included selling a 55% stake in its Worldpay Merchant Solutions business, a transaction completed on January 31, 2024. Such strategic moves position Fidelity National Information Services Inc. (NYSE:FIS) to concentrate on its core competencies and drive growth. In November 2024, Fidelity National Information Services Inc. (NYSE:FIS) acquired Dragonfly Financial Technologies, which specializes in digital business banking and cash management. This acquisition is expected to bolster FIS’s digital offerings and create cross-sell opportunities, particularly with banks that are already part of its extensive network.

The company has reported strong demand for its core banking and digital solutions, signing more core engagements in the first three quarters of 2024 than in all of 2023. Digital sales momentum is also impressive, with new sales nearly doubling year-over-year. Given its strategic acquisitions, strong sales growth across core banking and digital solutions, and solid performance, Fidelity National Information Services Inc. (NYSE:FIS) presents an attractive investment opportunity in the digital currency and payments sector.