Fintech

“Fintech” is the abbreviation and combination of two words: financial…and technology. And friends, we’re here today to tell you that that’s exactly what fintech is: it’s financial technology.

More precisely, it’s innovative financial technology dedicated to improving financial operations. This includes everything from automating certain functions to developing cryptocurrency markets. It can also include things like banking apps, social stock trading networks, and basically any application of technology that’s looking to change or improve how we manage our financial world.

Find other enlightening terms in Shmoop Finance Genius Bar(f)