Here’s How Wells Fargo Views Fintech Stocks Shopify, PayPal, Block

Here’s How Wells Fargo Views Fintech Stocks Shopify, PayPal, Block
A sign is posted in front of PayPal headquarters in San Jose, Calif., on Feb. 2, 2022. Justin Sullivan/Getty Images
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Wells Fargo analyst Jeff Cantwell launched global coverage of the payments and fintech sector with a bullish stance.

He saw a $1.5 trillion annual revenue opportunity for fintech companies globally and expects 6 percent yearly growth over the ensuing decade.