Fintech, short for financial technology, refers to the use of technology to provide innovative financial services. This can include services such as mobile banking, peer-to-peer lending, robo-advisors, and cryptocurrency. Fintech companies often aim to make financial services more accessible, efficient, and cost-effective for consumers and businesses. The rise of fintech has revolutionized the way people manage their finances and conduct transactions, disrupting traditional banking and financial services industries.
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