5 Best Fintech Startups Investors are Flocking To

1. Klarna

Klarna is a Sweidsh fintech company that markets payments solutions for small businesses. It is placed first on our list of 10 best fintech startups investors are flocking to. The firm has raised more than $3.7 billion in funding so far over twenty-seven rounds. The latest round in June raised over $650 million for the company. The lead investors in the startup include SoftBank Vision Fund and Dragoneer Investment Group, among others. The startup is valued at close to $50 billion. 

Another big name in the payments industry is Visa Inc. (NYSE: V), the California-based firm that facilitates digital and electronic payments. On April 28, Visa Inc. (NYSE: V)  declared a quarterly dividend of $0.32 per share, in line with previous. The forward yield was 0.55%. 

At the end of the first quarter of 2021, 164 hedge funds in the database of Insider Monkey held stakes worth $26.5 billion in Visa Inc. (NYSE: V), down from 166 in the preceding quarter worth $23.5 billion.

Here is what ClearBridge Investments has to say about Visa Inc. (NYSE: V) in its Q1 2021 investor letter:

“To make room for these new names with more attractive outlooks related to the reopening, we sold out of companies where the thesis is not playing out at the pace we expected including Visa.”

You can also take a peek at Billionaire Stan Druckenmiller’s Top 10 Stock Picks and Billionaire Julian Robertson On Interest Rates and His Top Stock Picks For 2021.

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