Fintech stocks rebound as oversold conditions trigger buyer interest

PayPal shares jumped 6% to $48, Affirm shares advanced 7% to $52, and SoFi Technologies shares rose 4% to $17 on Monday. Buyers stepped in at current price levels after investors perceived the fintech sector as oversold. This rebound follows a period of sustained pressure throughout 2026, driven by macroeconomic uncertainty, lingering concerns about consumer credit quality, and a risk-off environment that punished high-growth names. PayPal, Affirm, and SoFi Technologies had each experienced year-to-date declines of 22%, 35%, and 38% respectively.