Industrial revolution is ever changing process. Fintech is latest one who making attention from everyone i.e. investors, media and common man.
Fintech is compose of two words finance and technology and generally refers to innovation in financial services with use of technology. Often start up come with innovations to compete with established financial services leaders or providers.
Fintech industry is growing rapidly and on doing so, it is changing the financial service industry functioning in planning, advisory, lending or payments.
Process Fintech firms involved can be simple or advanced. Simple process are involved in data processing and automation of task. Advance processes uses machine-learning and programs are developed to complete the task.