The term "fintech" encompasses a broad range of technological innovations aimed at enhancing and automating financial services. This includes technologies that facilitate online banking, mobile payments, investment management, and peer-to-peer lending. Fintech solutions address inefficiencies in traditional finance by offering faster, more accessible, and user-friendly services to consumers and businesses alike. Key components of fintech include blockchain, digital wallets, and robo-advisors. As a result, fintech is transforming how individuals and organizations manage finances, making transactions more convenient and less costly.