fintech
1 of 1noun/ˈfɪntɛk/
Forms:fintechs
1
the technological innovation in financial services
C2Learn more on Wikipedia- The fintech company developed a mobile app that allows users to easily transfer money, pay bills, and track their expenses in real-time.
- Investors are increasingly interested in fintech startups that offer automated investment platforms, promising higher returns and lower fees than traditional investment options.
- The fintech industry is rapidly evolving, with new players entering the market to disrupt established financial institutions by offering innovative solutions for lending, insurance, and wealth management.
- Consumers are turning to fintech platforms for alternative lending options, bypassing traditional banks and accessing loans quickly and conveniently through peer-to-peer lending networks.
- Governments around the world are recognizing the potential of fintech to drive financial inclusion and economic growth, implementing supportive policies and regulations to foster innovation in the sector.