
After a stellar run in 2020, several high-growth fintech stocks, such as PayPal (PYPL) and Bill.com (BILL), are trading significantly below all-time highs. The tech-heavy NASDAQ has slumped 15% since the start of 2022. Comparatively, PayPal and Bill.com shares are down 67% and 37% from all-time highs.
PayPal is a giant in the fintech space valued at a market cap of $120 billion while Bill.com is a much smaller company valued at $23 billion.