What is fintech? How technology is changing money
By SendPay Business · · 2 min read
- 1Type in your own numbers
- 2The tool works it out
- 3See the answer clearly
Fintech, short for financial technology, means using software to deliver financial services: paying, saving, borrowing, sending money abroad, investing or trading crypto. It covers everything from digital banks to the payment link in an invoice.
The main types
Tap to explore
Tap each one to see what it means.
Payments
card processing, payment links and online checkouts.
Digital banking
app-based current and business accounts.
Money transfer
sending money abroad at lower cost.
Crypto
exchanges and wallets for buying, selling and holding.
Embedded finance
financial features built into non-financial apps.
How fintech firms make money
Mostly from fees: a share of each card payment, exchange rate margins, trading fees, subscriptions and interchange on cards they issue.
Try it
Name your platform and watch it come to life
Type a name, tap a colour and pick what it does. The phone changes as you go.
Colour
What it does
Design and preview your whole platform free, then launch when you are ready.
How new founders get started
Few founders build everything themselves. Most partner with licensed providers for accounts, cards and payments and focus on their brand, customers and niche.
Where SendPay fits
SendPay lets you launch your own branded money platform, from payments and cards to business accounts and crypto, powered by licensed partners. You can preview your platform before you launch.
How it works
Your own money app- 1Name it and pick your colours
- 2Choose what it does
- 3Launch when you are ready
Why sign up
Create your free SendPay account
It's all about creating your own financial platform with ease. Start with a free account today.
- 🪪A free business accountOpen it in about a minute with your business name, email, password and mobile. No card and no documents to start.
- 💳Get paid from day oneTake card payments, and share your own payment link and invoices so customers pay in a click.
- 🌐A free business websiteFree to build, free to publish and free to keep, with unlimited visits.
- 🚀Your own financial platformDesign and preview your whole platform free, then launch when you are ready.
SendPay Business is a technology company, not a bank. Accounts, cards and payments are powered by licensed partners.
Questions people ask
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Spotted a mistake or something out of date? and we'll fix it. How our guides are made
This guide is general information, not legal or financial advice. SendPay Business is a technology company, not a bank, and does not take deposits; regulated services on the platforms are provided by licensed partners. Other companies named in this guide are reference points only and are not affiliated with SendPay Business.