This Recent IPO Is the Fintech Stock You Need to Know About

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Fintech stocks can be tricky for investors. The global financial market is one of the largest investment opportunities, worth more than $20 trillion. There are hundreds of existing banks and payment companies fighting against a wave of new, innovative challengers. How do we take advantage as investors?

What if you could “play the field,” owning stock in a company that was the connecting piece between new and old payment technologies? Marqeta (NASDAQ:MQ) serves this role, and if you are thinking of investing in fintech, you need to know about it. Here’s why.

How do payments work?

When you swipe your payment card to buy something, a fundamental transaction process occurs:

  1. The merchant’s bank sends a request for payment to your bank or credit card company.
  2. The bank or credit card company approves or declines the transaction.
  3. The transaction authorization travels back to the payment terminal (where you swiped).
  4. The…

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