PayPal (NASDAQ: PYPL) and Upstart (NASDAQ: UPST) represent two very different ways to invest in the fintech market. PayPal processes digital payments for businesses and individuals, while Upstart helps lenders approve loans with non-traditional data like a customer's educational history, area of study, GPA, standardized test scores, and work history. Both stocks attracted a lot of bulls during the pandemic-induced rally in growth stocks last year but fizzled out as rising interest rates and other macro headwinds crushed the market. Read More...
PayPal (NASDAQ: PYPL) and Upstart (NASDAQ: UPST) represent two very different ways to invest in the fintech market. PayPal processes digital payments for businesses and individuals, while Upstart helps lenders approve loans with non-traditional data like a customer’s educational history, area of study, GPA, standardized test scores, and work history. Both stocks attracted a lot of bulls during the pandemic-induced rally in growth stocks last year but fizzled out as rising interest rates and other macro headwinds crushed the market.
