fintech

noun

fin·​tech ˈfin-ˌtek 

plural fintechs

: products and companies that employ newly developed digital and online technologies in the banking and financial services industries

The impact that fintech is making throughout our economy is still in its infancy stages. Fintech is really just about innovating and bringing solutions to the banking, lending and capital markets.

—Jason Raznick

—often used before another noun

the fintech sector

… a leading fintech firm, a new breed of companies that offer loans through online platforms.

—Hugo Martin

From payments to wealth management, from peer-to-peer lending to crowdfunding, a new generation of startups is taking aim at the heart of the industry … . Like other disrupters from Silicon Valley, "fintech" firms are growing fast.

—The Economist

also : a business that uses or creates such technologies

Traditional banks are eager to court fintechs as clients, partners or vendors—often in all three roles at once.

—Mark Calvey

Examples of fintech in a Sentence

Recent Examples on the Web

Alongside the obvious candidates like IT, many of Europe’s leading industries—like automotive, biopharma, fintech and aerospace—are among those where AI significantly impacts core activities, rather than just supporting functions. —Tasmin Lockwood, Fortune, 9 Sep. 2025

Responding to the demand, and hoping to entice younger shoppers into their financial ecosystems, payment facilitators such as Cash App, the BNPL provider Klarna, the fintech bank Chime, and even American Express have recently launched their own debit cards. —Michael Waters, The Atlantic, 9 Sep. 2025

Swedish fintech billionaire Sebastian Siemiatkowski paid his dues at a Burger King broiler station, eventually meeting his Klarna cofounder Niklas Adalberth across the assembly line. —Maria Gracia Santillana Linares, Forbes.com, 9 Sep. 2025

Financial services companies are having to up their game because fintech companies are becoming far more competitive in the market, thanks to AI. —Diana Olick, CNBC, 9 Sep. 2025

Word History

Etymology

short for financial technology

First Known Use

1971, in the meaning defined above

Rhymes for fintech

• aztec
• breakneck
• codec
• exec
• mixtec
• paycheck
• pinchbeck
• recheck
• redneck
• toltec
• beck
• breck