Over the past 20 years, much of the gains in the economy have been driven by technology stocks that have revolutionized the daily lives of billions of people around the world. However, this year the tech-heavy Nasdaq composite has fallen 12.28% year-to-date, while the Dow Jones Industrial Average and S&P 500 have lost 5.71% and 6.58%, respectively. since the beginning of the year.
This volatility has created opportunities in the technology sector, especially for growing companies that have significant growth potential.
Sparta Commercial Services, Inc. (OTCMKTS: SRCO) is a New York Citybased on technology that has its roots in the powersports industry where it originally focused on providing consumer and municipal finance to the powersports, leisure and automotive industries. SRCO, through its subsidiaries, offers a wide range of one-stop-shop online technology products and services and offers a full range of cannabidiol wellness products through a website and mobile application for consumers. consumers.
– Several subsidiaries in the finance, mobile applications and well-being sectors
– Leon County, Florida The sheriff’s department joins the municipal lease program.
– Launch of the cryptocurrency payment platform with a range of options
– City of Yemassee, South Carolina Renew business with the municipal finance program
– Town of Candor, North Carolina Continues with multiple funding program contracts
– Southwest’s most exclusive private car club joins as an iMobileApp customer.
SoFi (NASDAQ:SOFI) – The first stock to make this list is SoFi, which is involved in the student loan business. The company had even been described as the “Amazon of finance” by some experts due to its Super App which offered a range of student loans.
However, the company recently suffered a setback after the President of the United States Joe Biden announced a moratorium on student loans. Such a step could significantly hamper the company’s prospects and as a result, there is now some concern about its immediate future.
billtrust (NASDAQ: BTRS) – Integrated business-to-business payment and accounts receivable management solutions billtrust hasn’t made the headlines for several weeks now.
However, let’s go back to March 9the company had announced that it had entered into a collaboration with the truck and commercial vehicle dealership management system solutions supplying the company Proceed to software. Through this arrangement, billtrust will help Procede by helping its clients get paid faster, increase profitability and increase revenue.
StoneCo Ltd (NASDAQ:STNE) – StoneCo is a company involved in providing software solutions and financial services for merchants based in Brazil. Go back on March 24, the company has drawn attention after announcing that it has decided to go for a wide range of board refresh actions that could help support the company’s next period of growth. The company announced at the time that it had appointed two new directors in the form of pedro zinner and Conrad Engel.
Robin Hood (NASDAQ:HOOD) – Discount brokerage Robinhood made headlines earlier this week on Wednesday when it announced that the day before it had reached an agreement to acquire Ziglu Limited. Ziglu, which is based in London, is best known for creating an app that allows its users to trade not only Bitcoin, but a range of other cryptocurrencies as well. Robinhood noted that the acquisition will help it give further impetus to its global expansion ambitions.
Marqueta Inc. (NASDAQ:MQ) The company is set to report its first quarter 2022 financial results on Wednesday, May 11, 2022to 4:30 p.m. ET.
On April 21, 2022the company announced its new RiskControl solution, a comprehensive suite of products to help its customers better optimize their card programs and take control of end-to-end risk management.
“When we talk to our customers, the threat of payment fraud consistently comes up as one of their top business concerns. which intensifies the need to offer highly effective risk and fraud management solutions tailored to individual cardholder experiences,” said Randy Kerndirector of technology Marqueta.
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CONTACT: Marc McKelvie