Skip main navigation


Robert Dittmar delineates between cryptocurrency and FinTech and categorizes Fintech into 4 buckets: credit tech, invest tech, insurtech, and pay tech

In this video, Robert Dittmar, Professor Finance at the University of Michigan delineates between cryptocurrency and FinTech.

The term FinTech refers to all technology and innovation related to financial services and does not necessarily imply newness; checks and paper money are two examples of FinTech that we are very familiar with. Robert lays out four categories: credit tech, invest tech, insurtech, and pay tech – the last of which includes many blockchain technologies.

Discussion: What are some ways that technology could improve your ability to take care of your finances? Do you consider yourself an early adopter or do you take time to get used to changes in technology?

Optional: An innovation of some types of FinTech is less reliance on banking institutions and credit systems, which could empower unbanked and underbanked populations across the globe. Read more about how decentralized finance may improve financial inclusion.

This article is from the free online

Cryptocurrency: Beyond Bitcoin Teach-Out

Created by
FutureLearn - Learning For Life

Reach your personal and professional goals

Unlock access to hundreds of expert online courses and degrees from top universities and educators to gain accredited qualifications and professional CV-building certificates.

Join over 18 million learners to launch, switch or build upon your career, all at your own pace, across a wide range of topic areas.

Start Learning now