5 Mid-Cap Financial Technology Stocks to Buy on Recent Fed Rate Cut

Key Takeaways EVTC, ENVA, LC, OPFI and BFH are five mid-cap fintech stocks likely to benefit from the Fed's rate cut.Lower rates support fintech sector's growth as it is inversely related to market interest rate.These five fintech stocks post improved earnings estimates for next year amid expanding fintech demand.On Dec. 10, the Federal Reserve (Fed) reduced the benchmark interest rate by 25 basis points to the range of 3.5-3.75% in its FOMC meeting. With this, the central bank has lowered the Fed fund rate ...