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12 handpicked stocks

Fintech Banking Infrastructure Stocks for 2025

PayPal has formally applied for a bank charter, signaling its ambition to expand beyond payments into small business lending and deposit services. This creates an investment opportunity in companies providing the essential banking software and regulatory technology needed for fintechs to transition into full-service financial institutions.

Author avatar

Han Tan | Market Analyst

Published on December 16

Your Basket's Financial Footprint

The basket's total market capitalisation is 298,306.139 and it is heavily weighted towards large-cap constituents that anchor its profile. This concentration generally suggests lower volatility and a more market-like performance tendency than small-cap-focused baskets.

Key Takeaways for Investors:
  • Large-cap dominance tends to reduce volatility, offering more stable, market-tracking performance than small-cap-heavy baskets.
  • Suitable as a core holding to provide broad, steady exposure rather than a speculative, high-risk allocation.
  • Likely to deliver steady long-term appreciation; do not expect explosive short-term gains.
Total Market Cap
  • FIS: $34.49B

  • JKHY: $13.58B

  • NCNO: $2.81B

  • Other

About This Group of Stocks

1

Our Expert Thinking

PayPal's pursuit of a bank charter represents a broader fintech evolution toward becoming full-service financial institutions. This creates significant demand for the essential banking infrastructure, regulatory compliance software, and digital platform providers that enable this complex transition from payments to banking.

2

What You Need to Know

This group focuses on the 'picks and shovels' companies that provide critical banking technology rather than the fintechs themselves. These are established providers of core processing, digital banking platforms, and regulatory compliance tools that become essential when fintechs seek banking charters.

3

Why These Stocks

Each company was selected for providing essential infrastructure that fintechs need to operate as regulated banks - from core account processing and digital platforms to compliance software and risk management tools. These are the technology partners that enable the fintech-to-bank transformation.

Why You'll Want to Watch These Stocks

🏦

The Banking Revolution is Here

PayPal's bank charter application signals a massive shift as fintechs evolve into full-service banks. The companies building the essential infrastructure for this transformation could see significant demand growth.

Essential Infrastructure Demand

Every fintech pursuing a banking charter needs core processing, compliance software, and digital platforms. These 'picks and shovels' companies are positioned to benefit regardless of which fintechs succeed.

🎯

Curated by Banking Experts

This group was carefully selected to include the critical technology partners that enable fintech-to-bank transitions, focusing on companies with proven track records in regulated financial services.

Get the full story on this Basket. Read our detailed article on its risks and potential.

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