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

Swedish fintech firm Klarna Group Plc had to rehire humans last year after its move to replace 700 customer service staff with AI led to a decline in quality. —Parmy Olson, Mercury News, 24 Feb. 2026

The startup has emerged as one of the most valuable fintech companies, and investors have eagerly awaited a potential initial public offering. —Chris Eudaily, CNBC, 24 Feb. 2026

Nigerian fintech startup Fairmoney is looking to expand its lending operation to include the financing of smartphones and vehicles, beginning with motorcycles, an executive told Semafor. —Alexander Onukwue, semafor.com, 23 Feb. 2026

After Hadick came over from the traditional finance side in 2022, though, Dragonfly shifted its focus, realizing that crypto was quickly converging with fintech. —Leo Schwartz, Fortune, 18 Feb. 2026

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