Index Performance
+11.33%
DAVE
+9.49%
SKYY
+5.96%
QQQ
+3.10%
SPY
Overview
Description
The Thematic Payments Innovation Index (TPAIN) tracks the performance of companies innovating across the payments landscape. Unlike other payment and fintech indices, TPAIN intentionally tracks companies that are focused on payments and driving growth through innovation. The companies included were selected for their best-in-class product offerings for these high-growth use cases - from consumer payments to business to business, from credit underwriting to payments infrastructure. Developed by experienced product developers in the payments space, having built the global payment and commerce systems at Airbnb, PayPal, Eventbrite, Brex, and Plaid.
- TickerDAVE
- Inception Date09/05/2023
- WeightingEqual
- # of holdings22
What's inside?
Holdings
All holdings as of February 18, 2025
CSV download
PagSeguro Digital Ltd. (PAGS) | 5.36% | $2.65B | 4.58% | 47.52% | 1.95 |
Adyen NV (ADYEY) | 5.34% | $60.70B | -78.55% | N/A | 15.50 |
Sea Ltd. (Singapore) (SE) | 5.20% | $77.51B | 31.82% | 43.00% | 3.16 |
Affirm Holdings, Inc. (AFRM) | 5.12% | $25.66B | 46.57% | 86.62% | 9.36 |
StoneCo Ltd. (STNE) | 5.11% | $2.90B | -14.43% | 26.63% | 4.53 |
MercadoLibre, Inc. (MELI) | 5.07% | $106.97B | 41.28% | 45.91% | 5.48 |
DLocal Ltd. (DLO) | 4.95% | $3.81B | 6.29% | 40.76% | 2.47 |
Shopify, Inc. (SHOP) | 4.93% | $166.26B | 25.78% | 50.09% | 15.10 |
Tencent Holdings Ltd. (TCEHY) | 4.89% | $551.96B | 9.32% | 51.53% | 6.10 |
Remitly Global, Inc. (RELY) | 4.86% | $5.38B | 39.27% | 57.61% | 2.07 |
Naspers Ltd. (NPSNY) | 4.72% | $44.24B | -5.12% | 36.95% | 8.33 |
Toast, Inc. (TOST) | 4.63% | $23.00B | 26.45% | 24.67% | 3.32 |
SoFi Technologies, Inc. (SOFI) | 4.55% | $17.59B | 29.33% | 67.69% | 4.63 |
Grab Holdings Ltd. (Singapore) (GRAB) | 4.49% | $19.40B | 16.42% | 42.88% | 4.06 |
Wise Plc (WPLCF) | 4.41% | $18.99B | 54.75% | 69.47% | 5.79 |
Payoneer Global, Inc. (PAYO) | 4.39% | $3.77B | 19.34% | 79.39% | 2.46 |
Marqeta, Inc. (MQ) | 4.10% | $1.80B | 17.52% | -11.94% | 2.85 |
Coinbase Global, Inc. (COIN) | 3.94% | $69.64B | 111.17% | 86.13% | 9.55 |
Block, Inc. (XYZ) | 3.90% | $52.06B | 6.38% | 37.04% | 1.65 |
PayPal Holdings, Inc. (PYPL) | 3.75% | $77.13B | 7.10% | 45.09% | 2.82 |
Lightspeed Commerce, Inc. (LSPD) | 3.50% | $2.07B | 20.00% | 32.36% | 1.70 |
Bill Holdings, Inc. (BILL) | 2.78% | $6.10B | 13.83% | 78.39% | 6.00 |
Market data by FactSet