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

For all the innovation in fintech, the banking sector remains tethered to outdated metrics. —Gabriele Buffo, Fortune, 26 June 2025

The following states are expected to be sending out payments in July, according to fintech EBT benefits app Propel: Massachusetts Pennsylvania Virginia Summer EBT for 2025: Participating States Summer EBT for 2025? —Aliss Higham, MSNBC Newsweek, 24 June 2025

Moreover, the administration is engaging with digital asset firms and fintech leaders by opening communication lines with major players in the space, aiming to craft a national crypto strategy that is pro-business and globally competitive. —Stepan Sergeev, USA Today, 22 June 2025

If wider markets slip, so may the appetite for future fintech floats. —Ron Shevlin, Forbes.com, 14 June 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