Fintech

byPaytm Editorial TeamLast Updated: August 12, 2025

Definition

Fintech is short for Financial Technology. It refers to the use of technology to deliver financial services such as banking, lending, insurance, payments, and investing in a faster, easier, and more efficient way.

Key Features

  • Mobile banking, UPI, and digital loans
  • AI-powered credit scoring and fraud detection
  • User-friendly apps and platforms
  • Drives financial inclusion and innovation

Fintech simplifies access to financial tools for both individuals and businesses.

You May Also Like

UPI Transaction RejectionLast Updated: October 21, 2025

Definition UPI Transaction Rejection happens when a payment request is declined due to insufficient balance, wrong PIN, or…

SubsidiaryFebruary 6, 2026

Definition A subsidiary is a company owned or controlled by another company, known as the parent company.Key Characteristics…

Fixed Deposit (FD)Last Updated: October 21, 2025

Definition A Fixed Deposit (FD) is a bank investment where a lump sum is deposited for a fixed…

Top-Up LoanFebruary 6, 2026

Meaning A Top-Up Loan offers additional funds on an existing loan, providing a convenient way to meet further…