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What is FinTech?

FinTech is a popular term that might have heard, but you may not really understand what it is. If you don’t, you’re not alone! A recent survey of American consumers aged 18 to 69 found that 63 percent of survey respondents had never heard of FinTech.

So what is FinTech, really? FinTech is short for Financial Technologies and it really is just what it sounds like — technologies used in the financial services sector. In a broader sense of the term, FinTech is used to represent non-traditional technologies that consumers use to help with financial transactions including mobile payments apps, loan management, wealth management apps and more. We can utilize FinTech to benefit you! https://1stax.com/

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