Visa Down. Bullish Up. A Split Week in FinTech

Hey FinTech Market Watchers,

This week confirms a clear split inside FinTech.

Market cap still crowns the incumbents. Performance crowns the disruptors. And somewhere in between, digital banks and crypto are quietly reshuffling the hierarchy.

The giants remain giants.
But the momentum lives elsewhere.

Scroll down for a closer look at how publicly listed FinTech stocks performed this week. 👇

Cheers,
Marcel

🏦 FinTechs by Market Cap

The hierarchy remains intact.

Visa (-4.23%) leads at over $600B, followed by Mastercard (-5.12%) and American Express (-5.81%). Despite all three closing the week in negative territory, their dominance is unquestioned.

Nubank (-2.65%) remains the largest digital bank globally, holding firm in fourth position. Robinhood (-6.70%) and Coinbase (+2.22%) continue to anchor the crypto-exposed public FinTech segment.

Adyen (-21.62%) stands out sharply this week, delivering one of the steepest declines among large-cap FinTech names. Meanwhile, Circle (+5.16%) quietly strengthens its position.

📉 FinTechs by Performance

Performance ranking tells a very different story.

Bullish (+19.09%) ranks first in weekly performance, placing it at the top of both the overall and crypto segments.

Worldline (+8.64%) follows, with KakaoBank (+7.02%) and Circle (+5.22%) also posting gains across three distinct segments: payments, digital banking and crypto infrastructure.

Coinbase (+1.97%) recorded modest gains, alongside eToro (+4.32%) and Groww (+2.44%).

Performance diverged across segments. Visa (-4.19%) and Mastercard (-4.79%) land in the lower half of the ranking. Robinhood (-6.65%) declines despite broader crypto momentum. Klarna (-10.04%) and Payoneer (-12.13%) continue to face strong headwinds.

💳 Payments by Market Cap

Adyen (-21.61%) experienced one of the sharpest corrections across the payments category. Block (-8.04%), FIS (-9.32%) and Global Payments (-5.73%) all closed in negative territory, reflecting broader caution toward traditional processing businesses.

Interestingly, Rasan (+5.01%) was one of the few green performers in payments this week, while Zip (+0.84%), PayPoint (+0.84%) and PayPal (+0.06%) closed with modest gains.

🏦 Digital Banks by Market Cap

KakaoBank (+7.02%) delivered the strongest weekly performance within digital banking.

Nubank (-2.07%) continues to dominate the category by scale, standing well ahead of global peers. SoFi (-4.47%) ranked second by market cap but faced weekly pressure.

Chime (-7.61%) and Shawbrook Bank (-6.95%) both closed the week in negative territory.

🪙 Crypto by Market Cap

Volatility increased within the crypto segment this week.

Bullish (+17.61%) recorded the strongest performance across the entire FinTech ranking. eToro (+4.62%) also closed higher.

Coinbase (+1.96%) and Circle (+5.08%) both ended the week in positive territory. Robinhood (-6.28%) remains the largest by market cap in the crypto category, but closed the week lower.