The Financial Technology (FinTech) category encompasses innovations that enhance, streamline, or disrupt financial services and products through technology. This rapidly evolving sector includes online banking, mobile payment solutions, investment platforms, and blockchain technology. FinTech aims to improve customer experience, increase accessibility, and reduce costs in financial transactions. The growth of FinTech is driven by increased digital adoption, consumer demand for convenience, and the need for more efficient financial solutions. Companies in this space continuously innovate, create new business models, and address regulatory challenges.
Afterpay, launched in 2014 by two Sydney neighbors, revolutionized shopping by allowing customers to get items instantly and pay later in four installments. Their simple idea reshaped global online shopping.
