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What does fintech mean?

Looking for the meaning or definition of the word fintech? Here's what it means.

Noun
  1. (countable) A startup company in the finance sector, such as one dealing with payments, fundraising or loans.
  2. (uncountable) Finance technology.
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Examples
Silicon Valley is obviously strongest in semiconductors, while New York City is arguably strongest in fintech.
I've worked with many of the top venture-backed startups in the fintech space.
Traditional banks would take deposits and hold only safe, liquid assets, while fintech platforms matched borrowers and savers.
The UK is fast becoming the destination of choice for any fintech company.
As it stands, a small fintech company can't release their products without the support of those larger companies.
Private equity investor English said she joined because it's a unique place to meet people in fintech.

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