fintech giants

Meanings

• Noun

  Companies that use technology to disrupt and innovate financial services.

  - "The fintech giants have disrupted traditional banking with their innovative digital platforms."
  - "PayPal and Square are two prominent fintech giants that have transformed the way we make payments."

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Variants

List of all variants of fintech giants that leads to same result
fintech , fintechs

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Etymology

origin and the way in which meanings have changed throughout history.

Fintech is a portmanteau of finance and technology.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. The first fintech unicorn was Alibaba's Ant Financial, valued at $45 billion in 2016.

2. The fintech industry is expected to grow at a compound annual growth rate (CAGR) of 24.8% between 2020 and 2025.

3. The term 'fintech' was first used in a BusinessWeek article in 1999.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Technology companies: Fintech giants are a subset of technology companies that focus on financial services.

2. Digital banks: Fintech giants have disrupted traditional banking by offering digital banking services.

3. Payment processors: Fintech giants like PayPal and Stripe have transformed the way we make payments online.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Fintech giants have revolutionized the financial industry by providing more accessible and affordable financial services to individuals and businesses, particularly in areas such as payments, lending, and wealth management.

How to Memorize "fintech giants"

1. visualize
   

   - Imagine a blend of a financial institution and a tech company. Fintech giants embody this fusion of finance and technology.

2. associate
   

   - Associate fintech giants with innovation, disruption, and financial services.

3. mnemonics
   

   - Think FIN (Finance) and TECH (Technology) combined to form FINTECH.

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