Thematic Payments Innovation Index
Index Overview
14.24%
3 Months- TickerTPAIN
- Inception Date08/24/2022
- WeightingEqual
- Number of holdings23
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 MethodologyPerformance
Thematic Payments Innovation Index
-44.53%
All
Quick Stats
What's inside?
Top 10 Holdings
| Company | % of Index | |
| 1 | Tencent Holdings Ltd. (TCEHY) | 4.88% |
| 2 | Naspers Ltd. (NPSNY) | 4.82% |
| 3 | DLocal Ltd. (DLO) | 4.73% |
| 4 | Remitly Global, Inc. (RELY) | 4.64% |
| 5 | Affirm Holdings, Inc. (AFRM) | 4.58% |
| 6 | SoFi Technologies, Inc. (SOFI) | 4.58% |
| 7 | Sea Ltd. (Singapore) (SE) | 4.55% |
| 8 | Adyen NV (ADYEY) | 4.52% |
| 9 | Cielo SA (CIOXY) | 4.51% |
| 10 | Shopify, Inc. (SHOP) | 4.44% |
Holdings
All Holdings as of March 24, 2023
CSV download
| Tencent Holdings Ltd. (TCEHY) | 4.88% | $457.305B | -9.68% | 42.65% | N/A |
| Naspers Ltd. (NPSNY) | 4.82% | $37.442B | N/A | N/A | N/A |
| DLocal Ltd. (DLO) | 4.73% | $4.552B | 62.96% | 48.16% | 15.66x |
| Remitly Global, Inc. (RELY) | 4.64% | $2.924B | 41.24% | 51.15% | 2.56x |
| Affirm Holdings, Inc. (AFRM) | 4.58% | $3.037B | 10.68% | 83.35% | 4.01x |
| SoFi Technologies, Inc. (SOFI) | 4.58% | $5.364B | 82.84% | 57.47% | 8.85x |
| Sea Ltd. (Singapore) (SE) | 4.55% | $42.525B | 7.99% | 49.17% | 2.25x |
| Adyen NV (ADYEY) | 4.52% | $47.626B | N/A | N/A | N/A |
| Cielo SA (CIOXY) | 4.51% | $2.478B | -6.82% | 36.02% | 2.66x |
| Shopify, Inc. (SHOP) | 4.44% | $57.421B | 25.72% | 46.05% | 7.24x |
| Lightspeed Commerce, Inc. (LSPD) | 4.39% | $2.230B | 23.59% | 30.32% | 1.94x |
| PayPal Holdings, Inc. (PYPL) | 4.36% | $83.586B | 4.55% | 41.18% | 3.04x |
| Payoneer Global, Inc. (PAYO) | 4.33% | $2.144B | 31.85% | 80.84% | 2.25x |
| MercadoLibre, Inc. (MELI) | 4.32% | $59.670B | 40.89% | 48.57% | 4.14x |
| Wise Plc (WPLCF) | 4.22% | $6.552B | N/A | N/A | N/A |
| Coinbase Global, Inc. (COIN) | 4.20% | $15.392B | -74.82% | 79.16% | 1.95x |
| PagSeguro Digital Ltd. (PAGS) | 4.19% | $2.559B | 30.46% | 49.41% | 1.56x |
| StoneCo Ltd. (STNE) | 4.14% | $2.682B | 43.41% | 38.70% | 3.62x |
| Toast, Inc. (TOST) | 4.14% | $8.489B | 50.20% | 20.16% | 3.08x |
| Grab Holdings Ltd. (Singapore) (GRAB) | 4.09% | $10.322B | 311.48% | 22.71% | 6.07x |
| Bill Holdings, Inc. (BILL) | 3.97% | $7.366B | 66.16% | 75.83% | 12.42x |
| Marqeta, Inc. (MQ) | 3.88% | $1.946B | 31.14% | -12.21% | 2.28x |
| Block, Inc. (SQ) | 3.53% | $36.532B | 14.03% | 33.92% | 2.08x |
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