FINX: Volatile Fintech Space Likely To Pay Long-Term Dividends

Oct. 19, 2021 10:11 PM ETGlobal X FinTech ETF (FINX)ARKF, KOIN, FINX2 Comments
ZMK Capital
1.62K Followers

Summary

  • Innovation is revolutionizing the financial services sector.
  • Yet challenges exist in the nascent sector – lofty growth expectations, loss-making ventures, and limited barriers to entry.
  • ETFs such as FINX provide an alternative, taking out some of the research work while still allowing investors to wager on technology’s sector wide impact.
Fintech icon and internet of things with matrix code background, Investment and financial internet technology concept.

jamesteohart/iStock via Getty Images

Overview

Technological advancements have hugely impacted the financial services sector. Spurred on by the progressive digitization of the economy, and coupled with gradual industrial deregulation, a fertile stomping ground for innovative fintech upstarts has quickly seen the light of day.

This article was written by

1.62K Followers
ZMK Capital is a Southeast Asian based prop trading desk focusing on long/ short macro set ups globally. Additionally, the desk publishes equity specific research, ETF overviews, earnings plays and macro-economic analysis. Current focal points include the global energy market, natural resources, macro-economics, interest rates and Fx. Beyond managing money in these markets, interests include data science linked to securities markets, game theory & professional sports.Feel free to direct message ZMK if you are interested in being part of a community of prop traders, investors & money managers.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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