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THEMATIC
Thematic Payments Innovation Index

TPAIN

Index Performance

+4.43%
TPAIN
+5.49%
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.

Full methodology
  • TickerTPAIN
  • Inception Date08/24/2022
  • WeightingEqual
  • # of holdings23
What's inside?

Holdings

All holdings as of April 18, 2024
CSV download
Payoneer Global, Inc. (PAYO)5.17%$1.81B32.42%82.15%1.76
Tencent Holdings Ltd. (TCEHY)4.90%$363.95B4.38%47.20%4.30
Grab Holdings Ltd. (Singapore) (GRAB)4.87%$12.96B64.62%36.46%3.77
Naspers Ltd. (NPSNY)4.79%$30.26B-14.63%N/A8.69
SoFi Technologies, Inc. (SOFI)4.62%$7.53B65.20%62.47%3.75
Lightspeed Commerce, Inc. (LSPD)4.59%$1.99B27.44%30.98%2.86
PayPal Holdings, Inc. (PYPL)4.50%$65.37B9.70%45.23%2.20
Cielo SA (CIOXY)4.42%$2.82B2.51%35.52%2.84
Sea Ltd. (Singapore) (SE)4.41%$29.35B5.02%44.66%1.67
Adyen NV (ADYEY)4.35%$47.82B-78.55%49.98%15.50
Bill Holdings, Inc. (BILL)4.29%$6.41B22.50%77.05%6.62
Toast, Inc. (TOST)4.29%$9.70B41.52%21.35%2.24
Affirm Holdings, Inc. (AFRM)4.21%$8.09B47.94%84.74%9.99
Remitly Global, Inc. (RELY)4.21%$3.51B44.48%54.83%3.53
Marqeta, Inc. (MQ)4.19%$2.52B-9.63%-26.74%3.66
MercadoLibre, Inc. (MELI)4.16%$69.47B37.35%48.03%5.48
Shopify, Inc. (SHOP)4.10%$84.11B26.07%49.39%13.81
Coinbase Global, Inc. (COIN)4.10%$42.64B-2.69%86.47%13.37
Block, Inc. (SQ)4.09%$40.01B25.01%32.52%2.07
Wise Plc (WPLCF)4.06%$10.35B77.75%N/A5.28
StoneCo Ltd. (STNE)4.02%$4.43B21.26%36.62%5.58
DLocal Ltd. (DLO)3.89%$2.46B46.54%38.48%8.49
PagSeguro Digital Ltd. (PAGS)3.78%$2.35B6.95%47.78%1.96
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