Fintech products use technology to ease financial transactions in regards to tracking, managing, and transacting. Fintechs are especially beneficial for people without traditional accounts with brick-and-mortar banks as it gives them direct access to financial services online. With the integration of technologies like AI, blockchain, and data science, Fintech companies are revolutionizing almost all areas of finance, ranging from payments and insurance to stock trading. Limitations to Fintech growth include strict government regulations, concerns about data security, and lingering consumer preference for high-touch financial services. However, governments are gradually changing their stance to accommodate digital finance and consumer preferences are changing.