In short, FinTech means “Financial Technology”, which means that it refers to technology that specifically deals with financial products and services. FinTech has penetrated deep into several financial transactions. Digital cryptocurrencies, such as Bitcoin and Ether, for example, make FinTech work and the blockchain that makes this possible is FinTech behind the scenes. The technologies that make ATMs powerful are also FinTech! Overall, FinTech has fueled the financial market of the future with the power of technology. Faster payments, better security protocols, new ways of thinking about money, and more are being innovated by FinTech companies.