Abstract
This article analyzes the Fintech evolution. After describing the process of this phenomenon, some of the main definitions are provided both nationally and internationally. Finally, six main models of Fintech are analyzed.
 
 Through a systematic literature, 14 articles have been selected that deal with the phenomenon of Fintech.
 
 Six Fintech business models implemented by the ever growing number of Fintech startups have been identified, payment, wealth management, crowdfunding, loan, capital market and insurance services. Internationally, Fintech has already been defined by the International Monetary Fund (IMF), the World Bank Group (WBG), the Financial Stability Board (FSB), the Organization for Economic Cooperation and Development (OECD), the International Organization of Securities Commissions (IOSCO), the Bank for International Settlements (BIS). On a national level, on the other hand, Fintech has been analyzed by various countries, USA, United Kingdom, Singapore, China, Switzerland, China, Australia and the European Union.
 
 Fintech refers to a broad set of innovations - observable in the financial field in a broad sense - which are made possible by the use of new technologies both in the offer of services to end users and in the internal production processes of financial operators as well as in the design of market enterprises, without thereby compromising new possible configurations of intersectoral activities.
 
 Fintech appears to be representative of innovative methods - based on technology - of carrying out activities directly or indirectly connected to financial services rather than being a pre-defined industrial sector. Following the logic of the digital economy, Fintech contributes to designing an open and continuous network of modular services for businesses, individuals and banking, financial and insurance intermediaries, becoming a powerful acceleration force for the integration policies of the financial services markets in the EU.
Highlights
E-government, e-governance and information systems were born thanks to the advent of the world wide web (Razzaque and Karolak, 2010)
It is claimed that a new era of Fintech is dawning; this phenomenon embraces various sectors such as: financial, technological and innovative
International Organization of Securities Commissions (IOSCO) states that Fintech is a variety of innovative business models with the potential to transform the financial services sector (IOSCO, 2017)
Summary
E-government, e-governance and information systems were born thanks to the advent of the world wide web (Razzaque and Karolak, 2010). Fintech describes the relationship of various technologies with financial assets This phenomenon has been the subject of research by many researchers who have outlined its history and evolution. The story of how we evolved as social animals, trading among ourselves It begins with the use of commodities such as money, grain and livestock in http://ibr.ccsenet.org. The birth of the first information technologies has supported financial transactions Another form of information technology is double-entry accounting (Spoke, 2015) which was born from the union of finance and commerce in the medieval period. In this period, the advancement of technology has been helped by finance and access to capital. The link between finance and technology is long-standing, with a journey that lays the foundations for the modern era
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