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These 12 New Billionaires Are Riding Fintech s Rising Tide

These 12 New Billionaires Are Riding Fintech s Rising Tide Share to Linkedin Afterpay co-CEO Nick Molnar went from selling jewelry on Ebay to leading a $22 billion buy-now, pay-later company. Afterpay Thanks to pandemic-driven changes in the way people save, invest and pay, more than a dozen fintech billionaires have been minted over the past year. They’re founders of everything from stock trading apps to back-end payments technology. Here are 12 notable newcomers to the fintech billionaire ranks. David Vé Nubank • $5.2 billion  Vélez cofounded digital bank Nubank in 2013, taking aim at Brazilian banks’ poor customer service and high fees. The São Paulo startup has since amassed 35 million customers in Brazil, Mexico and Colombia, and it has a $25 billion valuation, making it the most valuable neobank in the world. Vélez has a 23% stake.

Why Upstart Holdings Stock Nearly Doubled in March

Author Bio Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years. When he isn’t writing, he is usually out for a run, or relaxing to the music of the Grateful Dead. What happened Shares of lending platform company Upstart Holdings (NASDAQ:UPST) soared 96.3% in March, according to data provided by S&P Global Market Intelligence. Though there has been much volatility in the stock since the company announced its fourth-quarter and fiscal year 2020 earnings report on March 17, much of the month s gains came with the almost 90% jump after the earnings release. 

Upstart shares are up 171% in three days, as momentum pours into fintech company

Upstart shares are up 171% in three days, as momentum pours into fintech company
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