Top 3 dirt cheap fintech stocks to buy in 2022
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Top 3 dirt cheap fintech stocks to buy in 2022

Crispus Nyaga
Crispus Nyaga
31st Jan 2023

High-growth fintech stocks have sold off in the past few months as investors continue worrying about slowing growth and higher interest rates. This sell-off has led to a great undervaluation of many good companies. So, here are some of the best fintech stocks to buy in 2022.

SoFi Technologies

SoFi is a fintech company that offers a number of services to millions of customers in the United States. The firm offers a platform that allows people to buy and sell stocks and other assets. It also offers automated investing solutions, personal loans, student loans, Bitcoin, and other assets. 

SoFi went public in 2021 and its stock price surged to an all-time high of $28 in February. Since then, the SoFi stock price has crashed by about 50%, bringing its total market capitalization to more than $11 billion. It is currently trading at the lowest level since January 2021.

Still, SoFi is a good fintech stock to buy for several reasons. Interest rates are set to rise, which will lead to a wider margin in its loan business. Also, the company has a loyal userbase and is seeing a strong growth of its business. Most importantly, SoFi is a good acquisition target because of its growing market share and its presence in key markets.


PayPal is one of the biggest fintech companies in the US. It is valued at more than $225 billion and has over 425 million customers from around the world.

PayPal is a company that offers many products. Through its eponymous business, people can send money to one another and pay businesses. Its Venmo product is one of the leading peer-to-peer payment solutions while iZettle is a leading provider of business payments in Europe.

The PayPal stock price has crashed by about 40% from its highest level in 2021 as investors worry about growth. Still, the company is expected to rebound later this year as its growth beats estimates.


Affirm is a leading fintech company that offers buy now, pay later services mostly to American customers. The company went public in 2021 and did relatively well as its stock jumped to an all-time high.

Recently, however, the Affirm stock price has crashed by 55% from its all-time high, bringing its total market cap to more than $18 billion. 

Affirm is a good fintech stock because of the company’s market share even as competition rises. As interest rates rise, more people will likely abandon high-interest credit cards to BNPL that don’t charge interest.

Other good fintech stocks that could rebound in 2022 are Block, Robinhood Markets, and Shift4 Payments.

Author Bio
Crispus Nyaga
Crispus Nyaga
Crispus is a financial analyst with over 9 years in the industry. He covers cryptocurrencies, forex, equities, and commodities for some of the leading brands. He is also a passionate trader who operates his family account. Crispus lives in Nairobi with his wife and son.