Fintech's Up-and-Comers? 3 Latin American Stocks to Buy Now.
NUNu .(NU) InvestorPlace·2024-03-02 05:22

A February article from Bloomberg about Stark Bank, the Jeff Bezos-backed startup, got me thinking about Latin American fintech stocks. There are plenty of options in this arena. According to Bloomberg, Stark handled $31 billion in payments in 2023, three times more than a year earlier. At the same time, it doubled its net income to $14.4 million. “While a lot of tech companies are trying to stop losing money, we’re posting high levels of profitability,” stated Stark Bank founder Rafael Stark. “There’s no n ...