Financial technology, often referred to as fintech, encompasses a wide range of innovations that improve and automate financial services. This includes online banking, mobile payment apps, and investment platforms that make it easier for individuals and businesses to manage their finances. By leveraging technology, fintech aims to enhance efficiency, reduce costs, and provide better access to financial services. The rise of fintech has transformed traditional banking and investment practices. Companies like PayPal, Square, and Robinhood have introduced user-friendly solutions that allow people to send money, make purchases, and invest with just a few clicks. As a result, fintech is reshaping how consumers interact with their money and financial institutions.