TPAY - IPAY: What Are The Growth Prospects?

• The assessment starts with macroeconomic factors, but also considers evolving customer behavior as well as synergies derived by a higher degree of convergence between finance and technology.
• These all point to anemic growth in 2021 and accelerating into 2022, but not at the same rate as in 2020.
• Compared to a fund holding payment stocks, the ETF has shown better growth but exhibits more volatility.
• Holding the ETF makes sense for those wanting to get sizeable exposure to some of the behemoths in the digital payment space.
• Therefore, IPAY is a long term buy, after an upbeat 2020 and short-term inflation uncertainty.

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