New to Fintech? Here's Why I Would Buy Visa Stock First

Are you looking to add financial technology (fintech) stocks to your portfolio? That's probably a good idea. Fintech focuses on innovating the way money moves through the global economy.

The global fintech market is worth an estimated $165 billion today and is forecast to grow to $400 billion by 2027. But the industry itself is a bit messy. There are many sectors within fintech, and it's a highly competitive space that's not always easy to keep track of.

A tremendous entry point for long-term investors looking at fintech stocks is payments company (NYSE: V). Let's break down Visa's role in fintech and why it deserves a place in your portfolio.

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Source Fool.com