fintech

American  

[fin-tek] / ˈfɪn tɛk /

noun

1. 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.

2. a company that uses or develops digital technological innovations in the financial services industry (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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Etymology

Origin of fintech

First recorded in 2010–15; fin(ancial) ( def. ) + tech(nology) ( def. )

Example Sentences

Although a few conversations clearly left impressions, most of the dates morphed into remnants of information like fintech, middle sibling, allergic to cats, etc.

From Los Angeles Times

The Oakland, Calif.-based fintech, better known for its Square and CashApp platforms, told shareholders in a letter along with its fourth-quarter earnings report that it is making the cuts because of changes in its industry from artificial intelligence.

From Barron's

Twitter co-founder Jack Dorsey is making a bold bet on the changes artificial intelligence is bringing, slashing nearly half the staff at his current company, the fintech payments firm Block.

From Barron's

The Oakland, Calif.-based fintech better known for its Square and CashApp platforms, told shareholders in a letter along with its fourth-quarter earnings report that it is making the cuts because of changes in its industry from artificial intelligence.

From Barron's

Block, the Oakland, Calif.-based fintech better known for its Square and CashApp platforms, told shareholders in a letter along with its fourth-quarter earnings report that it is making the cuts because of changes in its industry from artificial intelligence.

From Barron's