Fintech

Pronunciation: /fɪntɛk/

Definitions of fintech

noun a portmanteau of 'financial technology', refers to the use of technology to improve and automate financial services

Example Sentences

A1 Fintech companies offer online banking services.

A2 Many people use fintech apps to manage their finances.

B1 The fintech industry is rapidly growing and evolving.

B2 Investors are increasingly interested in funding fintech startups.

C1 Regulatory bodies are working to create guidelines for fintech innovation.

C2 Fintech solutions have the potential to disrupt traditional banking systems.

Examples of fintech in a Sentence

formal The fintech industry is rapidly growing due to advancements in technology.

informal I'm thinking about investing in some fintech startups.

slang Have you heard about that new fintech app? It's supposed to be lit.

figurative Fintech is like the bridge between finance and technology, making transactions smoother and faster.

Grammatical Forms of fintech

• plural: fintechs
• comparative: more fintech
• superlative: most fintech
• present tense: fintech
• future tense: will fintech
• perfect tense: have finteched
• continuous tense: is finteching
• singular: fintech
• positive degree: fintech
• infinitive: to fintech
• gerund: finteching
• participle: finteched

Origin and Evolution of fintech

First Known Use: 1993 year

Language of Origin: English

Story behind the word: The term 'fintech' is a portmanteau of 'financial technology', combining the words 'finance' and 'technology'.

Evolution of the word: Initially used to describe technology companies providing financial services, the term 'fintech' has evolved to encompass a wide range of innovative financial technologies and startups disrupting the traditional financial industry.