One of the Financial Technology solution is Unified Payment Interface (UPI), this is well known. Financial Technology is commonly known as Fintech. Financial technology (Fintech) along with UPI is steadily penetrating and shaping the global financial system in the manner it operates. (Gartner) published a blog on financial technology (FinTech), ‘Financial Technologies (Fintech’s) are start-up technology providers that approach financial business in innovation (sometimes disruptive) ways through emerging technologies. Financial Technology (Fintech’s) can fundamentally change the way in which a financial services institution’s products and services are created, are distributed, and generate revenue. The term may also refer to the technologies these providers offer’. It also known for its seamless and transparent financial transaction. Due to this feature, Financial Technology (Fintech) is known as digital/disruptor in financial sector. Currently, traditional banks are collaborating with Financial Technology (Fintech); which would help them in improving competition amongst the traditional banking sectors. This partnership will also allow the traditional banks improve and develop tailor-made products and services for its existing and future customers. Due to growing importance of Financial Technology (Fintech) globally, it has attracted around US$ 12Bn in Q2 of 2019. In India, there are 1,000+ start-up companies in Financial Technology (Fintech) Indian market the start-up culture was recorded a decade back but has only started gaining importance in recent years. This number is rapidly growing to cater the un-tapped Indian consumer base. Still, in India Financial Technology (Fintech) has not replaced the traditional banking system, however making in-roads as a parallel platform. The Indian banks should swiftly adopt to growing acceptance of Financial Technology (Fintech) in banking space by partnering with them for the overall betterment of its customers.