Rize Digital Payments Economy

Details

ETF description

The Rize Digital Payments Economy UCITS ETF seeks to invest in companies that potentially stand to benefit from the structural transition away from traditional cash payments to the speed and convenience of digital wallets, digital payments and digital currencies.

Issuer details

ARK Invest is an ETF provider specialising in thematic ETFs covering future‑oriented topics, disruptive technologies and megatrends. ARK Invest was founded in the USA in 2014 by economist and now world‑renowned investor Cathie Wood. Since 2016, ARK Invest is also active in the Asia‑Pacific region through a joint venture with the Japanese company Nikko Asset Management. In 2023, the company entered the European market with the acquisition of the European ETF provider Rize ETF.

Index details

The Foxberry Digital Payments Economy Index invests in companies within the 5 sub‑sectors of our Digital Payments Economy thematic classification built in partnership with strategy research group Euromonitor. The classification is an enabling taxonomy designed for the investment and research communities with the aim of identifying the key disruptive forces in FinTech and related companies and business activities that are powering the rise of our global digital payments economy.