fintech
Computerized money management
Fintech is financial technology—software and services that handle money digitally.
The term covers mobile banking apps, payment processors, cryptocurrency platforms, and lending services that bypass traditional banks.
What began as back-office banking software now reaches consumers directly: Fintech startups are disrupting how people invest and borrow.
Software routing card transactions
- digital walletVirtual payment storage
- mobile paymentsPurchases via portable devices
- contactlessRequiring no physical touch
- Apple PaySmartphone payment system
Google Pay · Venmo · PayPal · Stripe · peer-to-peer · QR code · NFC · point-of-sale
Peer-to-peer electronic cash
- EthereumProgrammable blockchain network
- blockchainCryptographic linked transaction record
- cryptocurrencyEncrypted decentralized money
- DeFiPeer-to-peer blockchain banking
stablecoin · digital assets · crypto exchange · wallet · tokenization · smart contracts · altcoin · NFT
Finance conducted electronically
- neobankBranchless digital financial institution
- mobile bankingWireless account management service
- online bankingInternet financial services
- depositsMaterial settled or stored
lending · credit · loans · mortgages · savings · payments · remittance · transactions
Automated investment management platform
- algorithmic tradingComputer-driven market transactions
- portfolio managementOverseeing investment holdings strategically
- wealth managementOverseeing affluent clients' finances
- trading platformSystem for buying and selling
ETF · stocks · brokerage · rebalancing · diversification · securities · asset allocation · retail investor
Direct individual-to-individual loans online
- crowdfundingRaising capital from masses
- buy now pay laterInstallment option at checkout
- KlarnaInstallment payment service
- AfterpayInstallment payment platform
microloans · credit scoring · installments · Prosper · underwriting · creditworthiness · subprime
Mythical one-horned horse
- disruptorOne who overturns norms
- venture capitalStartup growth financing
- acceleratorSpeed control mechanism
- incubatorControlled warming enclosure
seed funding · founder · IPO · Series A · valuation · pitch deck · scaling · acquisition
Software communication standard
- cloud computingInternet-delivered digital infrastructure
- data analyticsExamining information for patterns
- machine learningAlgorithms that improve from data
- artificial intelligenceMachines mimicking human thought
cybersecurity · encryption · software · automation · big data · SaaS · white-label · aggregator
Adhering to requirements
- AMLIllicit finance prevention framework
- identity verificationConfirming someone's claimed self
- fraud detectionUncovering deceptive schemes
- risk managementIdentifying and minimizing threats
audit trail · onboarding · biometrics · document verification · data privacy
payment gateway
Software routing card transactions
- digital walletVirtual payment storage
- mobile paymentsPurchases via portable devices
- contactlessRequiring no physical touch
Apple Pay · Google Pay · Venmo · PayPal · Stripe · peer-to-peer · QR code · NFC · point-of-sale · checkout
Bitcoin
Peer-to-peer electronic cash
- EthereumProgrammable blockchain network
- blockchainCryptographic linked transaction record
- cryptocurrencyEncrypted decentralized money
DeFi · stablecoin · digital assets · crypto exchange · wallet · tokenization · smart contracts · altcoin · NFT · mining
digital banking
Finance conducted electronically
- neobankBranchless digital financial institution
- mobile bankingWireless account management service
- online bankingInternet financial services
deposits · lending · credit · loans · mortgages · savings · payments · remittance · transactions · open banking
robo-advisor
Automated investment management platform
- algorithmic tradingComputer-driven market transactions
- portfolio managementOverseeing investment holdings strategically
- wealth managementOverseeing affluent clients' finances
trading platform · ETF · stocks · brokerage · rebalancing · diversification · securities · asset allocation · retail investor
peer-to-peer lending
Direct individual-to-individual loans online
- crowdfundingRaising capital from masses
- buy now pay laterInstallment option at checkout
- KlarnaInstallment payment service
Afterpay · microloans · credit scoring · installments · Prosper · underwriting · creditworthiness · subprime
unicorn
Mythical one-horned horse
- disruptorOne who overturns norms
- venture capitalStartup growth financing
- acceleratorSpeed control mechanism
incubator · seed funding · founder · IPO · Series A · valuation · pitch deck · scaling · acquisition · exit
API
Software communication standard
- cloud computingInternet-delivered digital infrastructure
- data analyticsExamining information for patterns
- machine learningAlgorithms that improve from data
artificial intelligence · cybersecurity · encryption · software · automation · big data · SaaS · white-label · aggregator
telematics
Remote vehicle data transmission
- risk assessmentEvaluating likelihood of harm
compliance
Adhering to requirements
- AMLIllicit finance prevention framework
- identity verificationConfirming someone's claimed self
- fraud detectionUncovering deceptive schemes
risk management · audit trail · onboarding · biometrics · document verification · data privacy
- digital societysocial networks, internet, digital age, internet culture, digital natives
- industriesbusiness, factories, education, health, supply chain
- online servicesweb services, cloud services, SaaS, web hosting, e-commerce
- paymentspayment, monthly payment, cash payment, payment date, credit cards
- tech industrysoftware, computers, semiconductors, hardware, Amazon
- Neologismsselfie, blog, vlog, podcast, hashtag
fintechWall Street
American finance hub
community banking · savings and loan · credit unions · community banks