Fintech refers to the integration of technology into financial services, aiming to enhance the offerings available and improve accessibility, efficiency, and overall user experience. This sector encompasses various areas, including mobile banking, online lending, and blockchain technology. One of the significant challenges in fintech is ensuring security and privacy for users amid increasing cyber threats. Additionally, regulatory compliance poses a hurdle for many startups striving to innovate within traditional financial frameworks. As fintech continues to transform traditional banking practices, it also plays a crucial role in promoting financial inclusion for underserved populations, although achieving widespread adoption and understanding remains a complex issue.