Top global fintech companies to invest in

One British fintech hogs the headlines, but there are two top performers in the US. We explain where you should put your money

Concept of fintech technology, new banking and contactless payment
(Image credit: Getty Images)

The UK stock market suffers from a paucity of exciting, growth-orientated companies. It’s one of the reasons why UK equities lag behind US equities, but there is hope. If there is one growth sector where the UK does brilliantly, it is financial technology (fintech). We have some real champions. 

Consider Revolut. This digital bank has had its challenges in recent years, but August brought some very positive news: it announced that investors had valued the business at $45 billion in a secondary share sale. That was excellent news for long-term investors in the firm, such as listed venture-capital group Molten Ventures (LSE: GROW), which promptly announced that it had written the gross value of its Revolut stake up to £160 million, from £65 million in March. 

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David C. Stevenson
Contributor

David Stevenson has been writing the Financial Times Adventurous Investor column for nearly 15 years and is also a regular columnist for Citywire. He writes his own widely read Adventurous Investor SubStack newsletter at davidstevenson.substack.com

David has also had a successful career as a media entrepreneur setting up the big European fintech news and event outfit www.altfi.com as well as www.etfstream.com in the asset management space. 

Before that, he was a founding partner in the Rocket Science Group, a successful corporate comms business. 

David has also written a number of books on investing, funds, ETFs, and stock picking and is currently a non-executive director on a number of stockmarket-listed funds including Gresham House Energy Storage and the Aurora Investment Trust. 

In what remains of his spare time he is a presiding justice on the Southampton magistrates bench.