Fintech, also known as financial technology, refers to the integration of technology into traditional financial services.
It involves developing new software, platforms, and applications that aim to improve financial transactions and make them more efficient. Fintech companies provide various services, including digital payments, money transfers, peer-to-peer lending, investment management, insurance policies, and blockchain technology.
The adoption of fintech has disrupted traditional banking and finance industries, causing the emergence and growth of innovative and agile startups in response to changing consumer preferences and expectations.
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