There's a broad selection of financial technology, or fintech companies to for investors to watch. Problem is, many fintech stocks have struggled so far this year.

In addition, market dynamics such as sector rotations and rising interest rates have pressured payment stocks. Competition has intensified as well-funded startups challenge industry incumbents.

Investors who believe in fintech should start to look at emerging companies in the space such as,

Sino United Worldwide (OTCMKTS:SUIC) is a next-generation capital source for enterprises creating an ecosystem for supply chain finance that leverages decentralized finance (DeFi), blockchain technology, and decentralized supply chain finance (de-SCF) technology to improve and innovate commerce.

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Singularity Future Technology Ltd (NASDAQ:SGLY) - Earlier on in the month of April 11 Singularity Future Technology Ltd announced that it had formed a Bitcoin mining site joint venture with the firm Golden Mainland Inc.

It was announced at the time that the joint venture between the two parties was looking to invest as much as $250 million for the purpose of creating 1 GW worth of mining sites in Ohio, Texas, and other states in the United States. The sites would have the capacity of more than 300,000 miners.

LendingClub Corp (NYSE:LC) The company is scheduled to report its e first quarter of 2022 on Wednesday, April 27, 2022, during after-market hours.

The stock has lost about 70% from its 52-week highs set back in November despite earnings results were quite good over the past couple of quarters. Investors have historically viewed LendingClub as a risky unproven fintech platform, which makes unsecured personal loans to U.S. consumers for bulk purchases or to refinance credit card balances.

Analysts expect LendingClub to grow earnings another 73% in 2023, and the stock only trades at less than 7 times those forward estimates.

Draftkings Inc (NASDAQ:DKNG) stock continues to hit a new low. The stock has lost over 25% in the past month and is off 78% from its 52-week high of $64.58.

The next trigger for the stock could be the company's upcoming first quarter 2022 results, which is scheduled to be on May 6, 2022.

Analysts are estimating the company to report a loss of $1.16 a share on revenue of $414.69 million. In a year-ago quarter, the company had reported a net loss of 87 cents a share on revenue of $312.28 million.

UiPath Inc (NYSE:PATH) - Enterprise automation software firm UiPath is one of the leaders in its industry and earlier this week on Monday it announced that it had gone into a strategic partnership with NCS.

As per the provisions of this partnership, the two firms are going to work on deploying enterprise-level automation capabilities. The partnership is aimed at helping NCS become one of the biggest firms in its industry in the Asia Pacific region. At this point in time, it may be a good idea for investors to consider adding the UiPath stock to their watch lists.

Toast Inc (NYSE:TOST) - Toast is best known for operating an all-in-one digital platform that is meant for restaurants. Earlier on in the week on Monday, the company was in the news after it announced that it had come up with a new solution called Toast for Quick Service. It is a purpose-built solution that is aimed at providing support to quick-service restaurants of varying sizes.

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