Fintech is (Financial Technology) has welcomed very well in Indian economy there are lots of terms and technology which works in favors of Fintech. This paper mainly focuses on how Fintech industry works well rights from the time of its steps in Indian economy. There are many financial services been provided by Fintech companies some of them are AI (artificial intelligences), Block chain, Cloud computing, working with big data. How theses service provides a beneficial for financial industry in overall terms. There are few recent trends which provide added merits to it such as SaaS technology, BNPL, Embedded finance and digital wallets. With the recent development there are many challenges and weakness comes as well under with poor communication, lack of trained tech personals are some of weakness to look forward for.