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FIN-TECH.

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FIN-TECH

Fin-tech, or financial technology, is the term used to describe how financial services firms are using technology to enhance their products and services for customers. This sector includes a broad range of applications, such as peer-to-peer lending, blockchain technology, online payment processing, investment platforms, and mobile banking. Fin-tech firms seek to improve and simplify conventional financial services, increasing their efficiency, accessibility, and security. Digital wallets, crowdfunding websites, cryptocurrency exchanges, and robo-advisors for investment management are some of the essential fin-tech services that are revolutionising how people and companies handle their money.