Fintech Stocks Worth Watching – October 1st

Rocket Companies, Joint Stock Company Kaspi.kz, and Quantum FinTech Acquisition are the three Fintech stocks to watch today, according to MarketBeat’s stock screener tool. Fintech stocks are shares of publicly traded companies that develop or leverage technology to deliver financial services—such as digital payments, lending platforms, robo-advisors and blockchain applications. Investors buy these equities to gain exposure to firms aiming to disrupt traditional banking, insurance or investment models through software, data analytics and automation. Performance drivers often include regulatory shifts, technology adoption rates and partnerships with established financial institutions. These companies had the highest dollar trading volume of any Fintech stocks within the last several days.

Rocket Companies (RKT)

Rocket Companies, Inc., a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company’s solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business.

Joint Stock Company Kaspi.kz (KSPI)

Joint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in the Republic of Kazakhstan. It operates through three segments: Payments Platform, Marketplace Platform, and Fintech Platform. The Payments Platform segment facilities transactions between customers and merchants.

Quantum FinTech Acquisition (QFTA)