FINTECH Definition & Meaning

fintech

[ fin-tek ]

Phonetic (Standard)IPA

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 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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51�Թ� History and Origins

Origin of fintech¹

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

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Example Sentences

Examples have not been reviewed.

Since then, that Facebook page she opened in Denmark evolved into a non-profit, then a global fintech company called Female Invest with $24 million in venture capital raised to date, including some from U.S. investors like Y Combinator and Green Visor Venture Capital.

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Female Invest also has big plans for diving deeper into fintech.

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While reports criticising Wirecard's business practices had started to appear in the Financial Times, the company's reputation as a star performer in the European fintech sector, valued in excess of £20 billion at its peak, was intact.

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Trump Media, the company that runs Donald Trump's social media platform Truth Social, is expanding into financial services that include fintech and crypto.

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If approved by regulators, Truth.Fi would mark Trump’s first foray into fintech and the first time a sitting president has started a financial company that invests and holds assets, the Wall Street Journal reported.

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Finsteraarhorn fin whale

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