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What Is Fintech: A Beginner's Guide to Financial Technology in 2019
2019-05-13 16:35  

https://learn.g2crowd.com/fintech

 

Fintech is an all-encompassing term used to refer to technology in the financial services sector.

 

Technology has long been a part of the financial services industry, but only recently has the term fintech emerged to cover all of the developments within the space.

What is fintech?

 

Fintech used to refer to the back-end technology used to run traditional financial services organizations, but has morphed into a term primarily used to describe disruptive financial technologies.

 

Fintech investment ballooned from $1.89 billion in 2010, to $27 billion in 2017. The increase in fintech spending is expected to continue, with the Asia/Pacific and African markets driving a significant share of market growth.

 

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