The Best Fintech Stock to Invest $1,000 in Right Now

The fintech market tends to be cyclical, with companies benefiting from surges in consumer spending and borrowing when people are feeling prosperous, but suffering a bit when lean times come along. But that natural volatility can obscure the bigger picture, which is that the fintech space is growing fast. According to a report from Boston Consulting Group and QED Investors, it could be worth $1.5 trillion by 2030 -- up from $245 billion in 2021.The massiveness of that opportunity isn't lost on some companies. The fintech space is becoming increasingly competitive, but PayPal (NASDAQ: PYPL) continues to succeed regardless, and could be a long-term winner for investors. Here's why it may be worth putting $1,000 into the stock right now.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool