Fintech stocks have endured quite the fall in recent years. Unlike most tech sectors, many of the market’s most innovative fintech stocks remain down and out, barely participating in last year’s tech-focused market recovery. Indeed, it’s not hard to imagine that many investors have moved on from the companies with high hopes of disrupting the status quo in finance and banking toward “hotter” trends, like generative artificial intelligence. At their peak, fintech stocks were wildly overvalued, given the potentially unrealistic expectation that they’d erode the economic moats of some of the world’s largest financial institutions…
