wealthtech

English

Alternative forms

• WealthTech

Etymology

Clipping of wealth technology, or blend of wealth +‎ tech, probably modelled on fintech.

Pronunciation

• IPA^(key): /ˈwɛɫθtɛk/

• Audio (Southern England):

  (file)

• Hyphenation: wealth‧tech

Noun

wealthtech (countable and uncountable, plural wealthtechs)

1. A fintech designed to facilitate wealth management.
   • 2021 January 1, Claudio Cali, Laura Wollny, Arthur Minsat, Elisa Saint Martin, “4. Digital Financial Services”, in FINANCE IN AFRICA: for green, smart and inclusive private sector development‎, European Investment Bank, page 87:

     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).