ELI5: Explain Like I'm 5

Financial technology

Financial technology (or "fintech") is a type of technology that helps people manage their money. It includes things like apps, websites, and programs that help people save and spend their money more easily. For example, apps like Venmo let you quickly transfer money to someone else, while apps like Mint help you budget and keep track of your spending. Fintech can also be used to do things like apply for loans or make investments. Ultimately, fintech makes it easier for people to take control of their financial lives.
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