FinTech Industry in India - Future of Financial Services

FinTech, a combination of the words “finance” and “technology,” is a term that refers to any technology that seeks to
enhance and automate the delivery of financial services in newer and faster ways than was traditionally available.

Commencing as a term referring to the back end technology used by large financial institutions, it has expanded to
include technological innovation in the financial sector, including innovations in financial literacy and education, retail
banking, investments, etc.