Meaning of wealthtech | Babel Free
/ˈwɛɫθtɛk/Definitions
A fintech designed to facilitate wealth management.
countable, uncountable
Examples
“FinTech is the use of technological advances such as access to mobiles and the internet, cloud computing and artificial intelligence to offer a range of financial services online or via mobile phones. These services include digital payments (such as mobile money) and savings products, InsurTech and WealthTech (such as robo-advisors), digital lending through digital marketplaces, capital raising through crowdfunding, and market provisioning services such as digital identities and alternative credit scoring (Cambridge Centre for Alternative Finance (CCAF) et al., 2020).”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.