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fintech

American  
[fin-tek] / ˈfɪn tɛk /

noun

  1. digital technological innovations utilized by customers or institutions in the financial services industry (often used attributively).

    Fintech makes it easy to save and invest money with your mobile device.

    With a population of more than a billion, India is a hotbed for fintech products.

  2. a company that uses or develops digital technological innovations in the financial services industry (often used attributively).

    Fintechs are offering solutions for customers unable to get loans from a traditional bank.

    There's a fintech startup that enables consumers to shop online without using a credit card.


Etymology

Origin of fintech

First recorded in 2010–15; fin(ancial) ( def. ) + tech(nology) ( def. )

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Manish Gupta, a 35-year-old engineering manager for a fintech firm in India, rushed to the airport in Dubai around 11:45 a.m. on Saturday, less than two hours after the U.S. and Israel launched their initial attacks, hoping he and his family could catch their flight back to New Delhi.

From The Wall Street Journal

After Block CEO Jack Dorsey announced his fintech firm was laying off 4,000 people, concerns rose that other companies would follow suit.

From The Wall Street Journal

We narrowed our universe to the 41 U.S. companies in the Global X FinTech ETF that are expected to generate positive 12-month earnings per share and that are covered by at least five analysts.

From MarketWatch

But the reality is that Block shares have plunged 77% from their 2021 peak, as pricey acquisitions have failed to yield commensurate financial benefits and as fintech valuations have receded from pandemic-era levels.

From MarketWatch

MarketWatch conducted a broader screen of fintech stocks to assess which are most favored by analysts.

From MarketWatch