U.K. Diversified Financials Potentially Undervalued Companies

Rithm Capital

Market Cap: US$6.2b

Operates as an asset manager focused on real estate, credit, and financial services in the United States.

PayPal Holdings

Market Cap: €64.8b

Operates a technology platform that enables digital payments for merchants and consumers worldwide.

IG Group Holdings

Market Cap: UK£3.7b

A fintech company, engages in the online trading business in the United Kingdom, Ireland, the Asia-Pacific, the Middle East, the United States, Europe, and institutional and emerging markets.

Virtu Financial

Market Cap: US$5.4b

Operates as a financial services company in the United States, Ireland, and internationally.

PayPal Holdings

Market Cap: US$63.8b

Operates a technology platform that enables digital payments for merchants and consumers worldwide.

Burford Capital

Market Cap: UK£2.6b

Provides legal finance products and services worldwide.

Pluxee

Market Cap: €2.1b

Offers employee benefits and engagement solutions services in France, Latin America, Continental Europe, and internationally.

Burford Capital

Market Cap: UK£2.7b

Provides legal finance products and services worldwide.

IG Group Holdings

Market Cap: UK£3.7b

A fintech company, engages in the online trading business in the United Kingdom, Ireland, the Asia-Pacific, the Middle East, the United States, Europe, and institutional and emerging markets.

OSB Group

Market Cap: UK£2.0b

Through its subsidiaries, operates as a specialist mortgage lending company in the United Kingdom and India.

Western Union

Market Cap: US$2.5b

Provides money movement and payment services worldwide.

Flow Traders

Market Cap: €1.1b

Operates as a financial technology-enabled multi-asset class liquidity provider in Europe, the Americas, and Asia.

Worldline

Market Cap: €739.2m

Provides payments and transactional services for financial institutions, merchants, corporations, and government agencies in Northern Europe, Central and Eastern Europe, Southern Europe, and internationally.

Paragon Banking Group

Market Cap: UK£1.6b

Provides financial products and services in the United Kingdom.

Taaleri Oyj

Market Cap: €204.3m

A publicly owned asset management holding company.

Impax Asset Management Group

Market Cap: UK£232.0m

A publicly owned investment manager.

Fiserv

Market Cap: US$69.9b

Provides payments and financial services technology solutions in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally.

Ellington Financial

Market Cap: US$1.3b

Through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States.

Edenred

Market Cap: €4.8b

Provides digital platform for services and payments for companies, employees, and merchants worldwide.

Essent Group

Market Cap: US$6.3b

Through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States.

HAL Trust

Market Cap: €12.1b

Operates through multi-sectors in Europe, the United States, Canada, Asia, and internationally.

ASA International Group

Market Cap: UK£200.0m

Operates as a microfinance institution in Asia and Africa.

Eurazeo

Market Cap: €3.6b

A private equity and venture capital firm specializing in growth capital, series C, acquisitions, leveraged buyouts, and buy-ins of a private company, and investments in upper mid-market, mid-market and listed public companies, small- and mid-cap healthcare companies, equity in the small-mid and mid-large buyout segments.

NewtekOne

Market Cap: US$315.1m

Operates as the bank holding company for Newtek Bank, National Association that provides various business and financial solutions under the Newtek and NewtekOne brands to the small- and medium-sized business market.

Fidelity National Information Services

Market Cap: US$33.3b

Fidelity National Information Services, Inc.

CMC Markets

Market Cap: UK£603.6m

Provides a platform for investing, trading, and brokerage in the United Kingdom, Australia, and internationally.

Synchrony Financial

Market Cap: US$27.6b

Operates as a consumer financial services company in the United States.

Exor

Market Cap: €17.0b

Engages in the automotive, agriculture and construction, sports car, commercial vehicle, and powertrain businesses worldwide.

Exor

Market Cap: €17.3b

Engages in the automotive, agriculture and construction, sports car, commercial vehicle, and powertrain businesses worldwide.

CMC Markets

Market Cap: UK£603.6m

Provides a platform for investing, trading, and brokerage in the United Kingdom, Australia, and internationally.

3i Group

Market Cap: UK£38.1b

A private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins.

Orchard Funding Group

Market Cap: UK£12.2m

Through its subsidiaries, offers insurance premium finance, professional fee funding, finance, and secured property lending services in the United Kingdom.

Global Payments

Market Cap: US$20.6b

Provides payment technology and software solutions for card, check, and digital-based payments in the Americas, Europe, and the Asia-Pacific.

Paragon Banking Group

Market Cap: UK£1.6b

Provides financial products and services in the United Kingdom.

Eurazeo

Market Cap: €3.6b

A private equity and venture capital firm specializing in growth capital, series C, acquisitions, leveraged buyouts, and buy-ins of a private company, and investments in upper mid-market, mid-market and listed public companies, small- and mid-cap healthcare companies, equity in the small-mid and mid-large buyout segments.

Litigation Capital Management

Market Cap: UK£29.3m

Provides dispute finance and risk management services in Australia and the United Kingdom.