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

Simmons, who has more than 20 years of experience in executive recruiting, described Schulman as bringing a fresh perspective to Verizon, with leadership experience across multiple industries, including telecom and fintech. —Sheryl Estrada, Fortune, 7 Oct. 2025

The day before its debut, the Swedish fintech company priced shares at $40 a piece, valuing the company at about $15 billion. —Lisa Kailai Han, CNBC, 6 Oct. 2025

PayPal is rolling out a major change to its buy now, pay later (BNPL) services, which the fintech firm believes will help the growing number of shoppers battling financial pressure this holiday season. —Hugh Cameron, MSNBC Newsweek, 6 Oct. 2025

Nigerian fintech company Paga is betting that its decade-long operations in Africa’s payments ecosystem will give it an advantage over US digital banks in the race to provide financial services to the African diaspora. —Alexander Onukwue, semafor.com, 1 Oct. 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