Fintech (financial technology) is the use of technology to improve and automate financial services. It encompasses a wide range of services, including:

Fintech is a rapidly growing industry, and there are many new and innovative companies entering the market. Fintech has the potential to disrupt traditional financial institutions and to make financial services more accessible and affordable to everyone.

Here are some of the benefits of fintech:

However, there are also some risks associated with fintech: