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My Top Fintech Stock to Buy in 2022 Prosper Junior Bakiny | Jan 15, 2022
Jan 15, 2022 | The Motley Fool
Picture - My Top Fintech Stock to Buy in 2022 Prosper Junior Bakiny | Jan 15, 2022

Last year, shares of fintech giant PayPal Holdings(NASDAQ:PYPL) fell as investors weren't pleased with the company's decelerating revenue growth. PayPal's guidance for the fourth quarter didn't help things either. The company said it expects revenue between $6.85 billion and $6.95 billion for the period, representing a 12% to 14% increase compared to the fourth quarter of 2020.

The market is accustomed to PayPal delivering higher growth rates than that, which explains why some investors aren't too optimistic about the company right now. But it's essential to look at PayPal's recent results (and guidance) in context. Below, I'll explain why the company's current challenges are temporary and why it remains an excellent fintech stock to buy for 2022 and beyond. 

PYPL data by YCharts

In 2020, PayPal's business experienced abnormal growth as customers shifted their habits at the onset of the pandemic. Indeed, PayPal itself referred to its second and third quarters of 2020 as some of the strongest recording periods in the history of the company in terms of financial performance.

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