The term “fintech” encompasses a broad range of technology-driven solutions aimed at enhancing and automating financial services. This includes innovations in payments, lending, investment management, and insurance, among others. Fintech leverages technologies such as blockchain, artificial intelligence, and mobile apps to streamline operations, improve user experience, and expand access to financial services. It aims to challenge traditional financial institutions by providing faster, cheaper, and more efficient financial products and services, catering particularly to the needs of consumers and small businesses.