# Fintech

**<mark>Fintech = Finance + Technology.</mark>**

It mean when we **technology for our financialwork**. we are a part of fintech.

Like Paytm, Phonepe, Google Pay are some fintech compnies.

Now **<mark>financial system do not dipends on only banks.</mark>**

With the advent of Paytm, Phone pe and Google Pay. There are **no need to go to the bank for any transactions** need.

for example, with Paytm **we can do any type of payment**. we can take **any type of payment**, with grow app users can find their **investment solution** pertaining to mutual funds, stocks, Us stocks & IPO.

Fintech has **big amount user's data**, **data managment** and **data security** is main **chalenge** of any fintech company.