FinTech, short for Financial Technology, refers to the integration of technology into offerings by financial services companies to improve their use and delivery to consumers. It encompasses a wide range of applications, including digital wallets, mobile payments, blockchain, and robo-advisors. The evolution of FinTech can be traced back to the late 20th century with the advent of online banking and e-commerce. Today, FinTech continues to shape how we manage money, invest, and transfer funds in a more digital and efficient way.
