Fintech is a word that combines finance and technology. This is a broad category comprised of companies that use new technology in their financial operations. Fintech includes companies that develop new digital payment processing solutions as well as companies that develop and operate person-to-person payment applications.
The possibilities of fintech are exciting. Even after cashless payments have become popular in recent years, most payment transactions around the world are still carried out in cash. And while online banking institutions typically offer significantly better interest rates and fee structures than traditional banks, the majority of consumers still rely on branch banks for their financial needs.
5. Fiserv Inc. (NASDAQ:FISV)
Market Cap: $86.56 billion
Fiserv Inc. (NASDAQ:FISV) provides financial technology services for banking, international trading, merchant acquisition, billing, and more. is an American multinational company that provides solutions. Provide payment and point of sale. It is a global fintech and payments company and is among the top five most valuable fintech companies in the United States. Fiserv Inc. (NASDAQ:FISV) had a market capitalization of $86.56 billion as of February 12, 2024.
4. American Express Company (NYSE:AXP)
Market Capitalization: $153.64 billion
American Express Company (NYSE:AXP) is an American company that specializes in payment cards and also provides travel-related services. A multinational financial services company. The company has an online-only banking division and no physical branches. As a globally integrated payments company, the company is one of the most valuable fintech companies in the United States. As of February 12, 2024, American Express Company (NYSE:AXP) had a market capitalization of $153.64 billion.
3. Intuit Inc. (NASDAQ:INTU)
Market Capitalization: $183.91 Billion
Financial software is the area of specialization for American multinational business software company Intuit Inc. (NASDAQ:INTU). The company’s offerings include the tax preparation software TurboTax, the personal financial app Mint, the small business accounting tool QuickBooks, and the credit monitoring service Credit Karma. As of February 12, 2024, Intuit Inc. (NASDAQ:INTU) has a market valuation of $183.91 billion, placing it among the top three most valuable fintech companies in the United States.
2. Mastercard Incorporated (NYSE:MA)
Market Capitalization: $428.94 billion
Mastercard Incorporated (NYSE:MA) ranks second in the list of most valuable fintech companies in the United States is a payment technology company. The company is one of the world’s leading fintech companies, offering a variety of payment transaction processing and other related payment services. As of February 12, 2024, Mastercard Incorporated (NYSE:MA) has a market capitalization of $428.94 billion.
1. Visa Inc. (NYSE:V)
Market Cap: $563.68 billion
Visa Inc. (NYSE:V) tops the list of the 20 most valuable fintech companies in the United States. The company is an American multinational payment card services company that enables digital payments and electronic fund transfers around the world. Visa Inc. (NYSE:V) had a market capitalization of $563.68 billion as of February 12, 2024.