Fintech, a clipped compound of "financial technology", refers to firms using new technology to compete with traditional financial methods in the delivery of financial services. The use of smartphones for mobile banking, investing, borrowing services, and cryptocurrency are examples of technologies designed to make financial services more accessible to the general public. Fintech 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.
Fintech meetup at Hilton Colombo where forming of the Fintech Association of Sri Lanka was initiated
Christine Lagarde, managing director of the International Monetary Fund, addressing at the 2018 Singapore FinTech Festival, the largest fintech festival in the world
Financial services are economic services tied to finance provided by financial institutions. Financial services encompass a broad range of service sector activities, especially as concerns financial management and consumer finance.
Financial Services Authority Seychelles logo on building
Singapore financial district by night (25449263528)
Foreign exchange machine
National Insurance Services (NIS) – St. Vincent ^ the Grenadines – panoramio
