Most investors have probably heard the term “fintech,” but they don’t necessarily know what it means. And even those who know what the word refers to may not fully understand what many fintech — short for financial technology — outfits actually do.
If you’re part of this confused crowd, there’s good news. Not every fintech company is too complex to understand. Here’s a rundown of three publicly traded fintech companies that anybody can get a handle on and therefore be comfortable investing in.