In one line it means: Financial Technology.
Usually shortened to FINTECH.
fintech, is the technology and innovation that aims to compete with traditional financial methods in the delivery of financial services.
#It is an emerging industry that uses technology to improve activities in finance. such as using smartphones for mobile payments, banking, investing services or inventions such as the genesis of the cryptocurrency.
Cryptocurrency using the blockchain technology is a typical examples of technologies aiming to make financial services more accessible to the general public. Financial technology companies consist of both startups and established financial institutions and technology companies trying to replace or enhance the usage of financial services provided by existing financial companies.