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.
This reassessment has contributed to a notable downturn for several fintech companies. Trefis Team, Forbes.com, 9 May 2025 From mobile money in Kenya to electric vehicles in Ghana, Africa's innovators are leading in fintech, green tech, and creative industries. Ndidi Okonkwo Nwuneli, Time, 8 May 2025 Caz Investments, one of the world’s larger asset allocators into private equity funds, inked a deal Tuesday with a fintech platform, iCapital Marketplace, to streamline access for financial advisors looking to get their clients into professional sports team ownership. Brendan Coffey, Sportico.com, 7 May 2025 Charles Sykes | NBCUniversal | Getty Images For a brand such as CNBC, that may include acquiring personal finance or fintech platforms, Lazarus said. Alex Sherman, CNBC, 6 May 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

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Cite this Entry

“Fintech.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fintech. Accessed 20 May. 2025.

Last Updated: - Updated example sentences
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