Fintech is an amalgamation of the words “financial” and “technology.” The term refers to the rapidly growing number of tech-powered tools and applications that help you manage your money.
This can be as simple as an online banking portal and as complex as a cryptocurrency exchange. The critical element that makes fintech so important to 21st-century consumers is that it makes financial services faster, more accessible and easier to understand.
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The information provided here is not investment, tax or financial advice. You should consult with a licensed professional for advice concerning your specific situation.