Fintech, a blend of the terms “finance” and “technology” refers to any business that uses technology to reinforce or automate financial services and processes. it is a wide and rapidly growing industry serving both business and consumers. From insurance and mobile banking to cryptocurrency and investment apps, fintech has larger applications.


Mobile banking is a large part of the fintech industry. In the world of private finance, consumers have increasingly demanded easy digital access to their bank accounts, especially on a mobile device. Most major banks now offer some kind of mobile banking feature, especially with the rise of neobanks.

Cryptocurrency & Blockchain

Blockchain is a type or subset of self-styled distributed ledger technology. Cryptocurrencies much like blockchain, have become a buzzword referring to a wide array of technological developments that utilise a technique better known as cryptography. It is the technique of protecting information by encrypting it into an unreadable format that can only be decrypted by someone who possesses a secret key.

Investment & Savings

In recent years, Fintech has caused a sudden growth in the number of investing and saving apps. Moreover, many companies have broken down the barriers to investing. Even though the apps differ in approach, each uses a combination of savings and easy, small-dollar investing to introduce consumers to the markets.