fintech

[ fin-tek ]
/ ˈfɪn tɛk /

noun

digital technological innovations utilized by customers or institutions in the financial services industry (often used attributively):Fintech makes it easy to save and invest money with your mobile device. With a population of more than a billion, India is a hotbed for fintech products.
a company that uses or develops such technologies (often used attributively): Fintechs are offering solutions for customers unable to get loans from a traditional bank.There's a fintech startup that enables consumers to shop online without using a credit card.

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Origin of fintech

First recorded in 2010–15; fin(ancial) + tech(nology)
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

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