Skip to main content
Glite Dictionary
💻 Digital finance 🏦 A finance startup
fintech

fintech

4.5
Using new digital tools for banking and money services
  • adjective
  • /ˈfɪnˌtɛk/
  • Specialized
translation icon : fintech
  • The recent boom in fintech startups is transforming how consumers manage their finances.

And I think I'm in the fintech space.

Examples

  • Open API will not be taught in my view, in a fintech course, but it's the relevant topics of the day.

  • Now a sector that I'm particularly watching right now is the behavior in the fintech and payment processing space.

  • So I was doing fintech, trying to figure it all out, just learning from him and his team.

  • But we're going to try to sort of frame fintech in this crisis.

  • So this whole notion of like Fintech and all this disruption by little, little technology firms is all kind of self induced.

  • And as you will see in the final hour of this podcast, he is extremely well versed in fintech, which I might have said this, but stands for financial technology.

  • I personally think Upstart is way overvalued, but it's fintech sexy right now.

  • The conflict at the heart of fintech is the tech companies focus on product and user experience with the aim of reducing friction to ensure seamlessness.

  • Many new companies are emerging in the world of fintech, offering innovative solutions for digital banking.

  • Investing in fintech products can greatly enhance the efficiency of financial transactions.

Surface Forms

fintech positive

Morphology

fintech = finance + technology (transparent) = fin + tech

The meaning is directly predictable as a fusion of 'finance' and 'technology' (i.e., financial technology).

Etymology

Fintech is a modern mix of financial ('about money') and technology ('digital tools or software'). So, when we say something is fintech, we mean it uses digital tools or software to work with money and banking.