fintech
fintech Lexical Profile
fintech Game Scores & Validity
• noun
Computer programs and other modern technologies used to support, automate, or enable banking and financial services, or the economic industry composed of companies that develop such technology.
"Rapid advances in fintech have made mobile banking and instant peer-to-peer payments accessible to millions of consumers worldwide."
A business or startup company that utilizes software and digital technology to provide financial services.
"Several emerging fintechs are partnering with traditional community banks to offer streamlined small-business loans."
Word Origin & Etymology
Coined in the late 20th century as a portmanteau blending 'financial' and 'technology', originally referring to back-end systems of established financial institutions before expanding to consumer-facing digital services.
Usage Trend
Historical frequency of usage in published text.