The term 'FinTech' is a combination of the words 'financial' and 'technology', Fintech, referred to as financial technology, emerged during the financial crisis of 2007-2008 and has since revolutionized the financial services sector through the introduction of new technologies to the marketplace. Technology-based banking forms the dual pillars upon which the foundation of modern banking growth stands. Over the last decade in India, the rapid expansion of mobile networks in previously underserved regions and communities has played a pivotal role in driving this progress. Additionally, the emergence of payment banks has provided an extra alternative to online and mobile banking, resulting in heightened operational efficiency and reduced expenses for servicing customers in rural and semi-urban areas.