3 US Fintech Stocks Riding Higher Cash Yields Today

When a Federal Reserve official like Austan Goolsbee talks about “painful” inflation control and higher-for-longer rates, cash stops being background noise and turns into a product that brokerages and fintech platforms can monetize. That shift creates both potential winners and missed chances. This article walks through three stocks exposed to this rate story, explaining how their cash-yield models might benefit or face pressure, and what that could mean for your portfolio decisions.

The stocks covered below are only a small sample of this cash-yield theme, and the full screen flags 26 more U.S. brokerages and fintech platforms with similarly detailed stories that are not included here. If you want to move beyond a few headline examples and actually identify, compare, and analyze your own highest-conviction ideas on this theme, head straight to the US Retail Brokerages and Fintech Platforms Monetizing Cash Yields screener.

BILL Holdings (BILL)

Overview: BILL Holdings runs a cloud-based financial operations platform that helps small and midsize businesses manage payments, invoices, cash flow, and expenses.

Operations: BILL generates about US$1.65b from software and programming services, with roughly US$1.62b of revenue coming from the United States.

Market Cap: US$4.1b

BILL Holdings fits this cash-yield screener as a payments and financial operations hub for SMBs, where client funds move through accounts that can sit in higher-yield instruments and generate interest-linked income alongside software fees.

"Expansion of embedded finance capabilities and the Embed 2.0 strategy, including strategic partnerships with large enterprise software platforms, is set to broaden BILL's distribution channels and could significantly increase customer acquisition and transaction volumes, translating into higher long-term revenues."

What happens to margins if one quiet source of revenue tied to those cash flows proves more cyclical than bullish forecasts assume?

If that hidden swing factor matters to you, read the full narrative for BILL Holdings to see whether embedded finance is masking risk or accelerating the upside potential for BILL Holdings.

Voya Financial (VOYA)

Overview: Voya Financial runs workplace retirement, investment management, and employee benefits platforms that handle participant savings, including cash-like and stable value options.

Operations: Voya Financial generates about US$3.39b from Retirement, US$3.36b from Employee Benefits, US$1.28b from Investment Management, and US$142 million from Corporate, almost entirely in the United States.

Market Cap: US$9.2b

Voya Financial matters to this cash-yield theme because it sits on large workplace retirement balances where stable value and cash-like choices react directly to higher short-term interest rates.

"Some firms’ descriptions mention brokerages, cash sweep, or T-bill-style products; some may earn revenue from client cash balances, though individual exposure and sensitivity to short-term rates vary."

For Voya, what happens if one unresolved pressure on those retirement spreads quietly reshapes how much earnings growth investors actually get.

If that spread question lingers for you, go straight to the full narrative for Voya Financial to learn more about whether Voya Financial’s earnings power is quietly accelerating or stalling.

Webull (BULL)

Overview: Webull is a digital investment platform where retail investors trade securities and manage portfolios, giving direct exposure to client cash yields.

Operations: Webull generates about US$672 million from brokerage services, with roughly US$603 million of revenue coming from the United States and smaller amounts from Canada, Singapore, Hong Kong, and other markets.

Market Cap: US$4.5b

Webull matters for this cash-yield theme because its retail brokerage model lives on client balances and trading activity that are tightly linked to short-term interest rates and how long cash stays parked on the platform.

"Ongoing expansion into new international markets, including recent launches in Canada, Latin America, and Europe, is diversifying Webull's customer base and increasing assets under management (AUM)."

The real swing factor is what happens to that cash-driven earnings power if a single key assumption about funding costs or pricing shifts.

If that pricing risk is on your mind, read the full narrative for Webull to see how Webull’s cash engine could be accelerating or quietly stalling.

Curious About What You Might Be Missing?

Fresh themes move fast. Breakout stories gain momentum, weak ideas start dropping, and under-the-radar winners get caught by the crowd. Scan these picks while it matters.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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