The financial sector has witnessed a profound transformation over the past few decades, largely driven by advancements in financial technology, commonly known as FinTech. This evolution has not only redefined traditional banking and financial services but has also democratized access to these services for a broader population. This article delves into the significant milestones in the evolution of FinTech and its impact on the financial sector. The Emergence of FinTech The term FinTech encompasses a wide range of applications, from mobile banking and digital payments to blockchain and artificial intelligence in finance. The roots of modern FinTech can be traced back to the late 20th century, with the advent of ATMs and electronic trading platforms. However, it was the internet boom of the 1990s and the subsequent proliferation of smartphones that set the stage for the FinTech revolution. Key Innovations in FinTech 1. Digital Payments and Mobi...