Definition of fintech
: 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 MartinFrom 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
Keep scrolling for more
an act or instance of editing or removing
Get Word of the Day daily email!
Love words? Need even more definitions?Merriam-Webster unabridged
Words at Play
- 12 Words For A Lunar Travelogue
- The Good, The Bad, & The Semantically Imprecise - 7/19/19
- On ‘Perpetrate’ and ‘Perpetuate’
- 13 Verbs From The Breakfast Table
Ask the Editors
- On Contractions of Multiple Words
- A Look at Uncommon Onomatopoeia
- Is Singular 'They' a Better Choice?