January 21, 2021 Among disruptive growth investment themes, fintech is one of the most dominant forces. Advisors and asset allocators looking to craft allocations around that concept can use the KBW Nasdaq Financial Technology Index (KFTX) as a gauge. Fintech firms are companies that are powered by innovations, working to disintermediate or bypass the current financial markets and challenge traditional institutions by offering new solutions that are better, cheaper, faster, and more novel and secure. Stocks in this category, including Square and PayPal, have a myriad of tailwinds. Square and PayPal are currently threatening major credit card networks. That threat is emerging more rapidly than many industry observers expected.