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jaspreet Singh

I am jaspreet Singh ... • 9h

Fintech Industry – Detailed Overview 1. Introduction to Fintech Fintech (Financial Technology) refers to innovative technologies that improve, automate, or transform financial services. It blends finance + technology to create faster, smarter, and more accessible financial solutions. Fintech companies challenge traditional banks by offering digital, user-friendly, and low-cost financial services 2. Evolution of Fintech Fintech has rapidly evolved in four major waves: 1. Fintech 1.0 (1866–1967) Telegraph, ATM machines, early financial communication. 2. Fintech 2.0 (1967–2008) Credit cards, electronic payments, SWIFT network. 3. Fintech 3.0 (2008–2014) Mobile banking, digital wallets, online lending. 4. Fintech 4.0 (2014–Present) AI trading, blockchain, UPI, neobanking, robo-advisors, digital lending.

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