Financial technology also known as "Fintech" refers to the organisation using new technology to compete with traditional financial methods in the delivery of financial services.These technologies include, Artificial intelligence, blockchain, cloud computing e.t.c Financial technology has expanded both in usage and capabilities in recent years. Today, more and more businesses are investing in this type of technology investment banking to improve the overall customer experience. However, before making any fintech investment, it is crucial to understand what is driving its growth and what challenges are involved. Difference between Banks and Fintech The key difference is that Banks must be licensed and follow a strict set of guidelines. On the other hand, no one regulatory agency oversees fintech services. This lack of oversight gives fintech companies more freedom to set their own rules and regulations. This factor, however, makes fintech companies riskier to invest in than