fintech

noun

fin·​tech ˈfin-ˌtek How to pronounce fintech (audio)
plural fintechs
: 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 Martin
From 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

Examples of fintech in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Shady fintech companies would have less to worry about, lending standards could deteriorate, consumers experiencing fraud would not have a clear way to seek help from the federal government, and so on. Lila Shroff, The Atlantic, 12 Feb. 2025 Affirm, which pioneered the buy now, pay later business (BNPL), has partnered with FIS in a deal that will allow the fintech company to offer the pay-over-time service to its banking clients and their millions of individual customers. Mackenzie Sigalos, CNBC, 11 Feb. 2025 The Tech Hub, in partnership with UNC Charlotte, will be a place where startups, established businesses and students can collaborate on innovation work sector including AI, fintech and cybersecurity. Desiree Mathurin, Charlotte Observer, 3 Feb. 2025 And what does this mean for the future of fintech in real estate? Ilona Limonta-Volkova, Forbes, 24 Jan. 2025 See all Example Sentences for fintech 

Word History

Etymology

short for financial technology

First Known Use

1971, in the meaning defined above

Time Traveler
The first known use of fintech was in 1971

Dictionary Entries Near fintech

Cite this Entry

“Fintech.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fintech. Accessed 19 Feb. 2025.

Last Updated: - Updated example sentences
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