fintech

[ fin-tek ]

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.

Word History and Origins

Origin of fintech¹

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

Example Sentences

Other startups have taken notice too, entering the world of multiplayer fintech, a term that categorizes socially focused and consumer-friendly financial services.

From TechCrunch

Ultimately, the larger plan for Millions is to transfer the customers it acquires through the games to the fintech play, which will also have something to do with winning money.

From TechCrunch

Deeply-funded fintech company Robinhood has been the world’s most-discussed startup over the last week.

From TechCrunch

A number of angel investors with backgrounds in fintech and HR tech also participated.

From TechCrunch

I may lead a fintech company, but primarily, I lead 450 hardworking employees.

From Quartz

Fintech processes payments for the alcoholic beverage industry.

From The Daily Beast