Financial technology is also called as FinTech, it is a new technology which is responsible for the modernization of traditional financial methods into different way and with computing enabled financial services. FinTech sector is currently using technology which helps in promotion of activities in finance and other affairs. The smart phones is used for different affairs and these led the concept of mobile banking, investing services. Currently, crypto currency is emerging rapidly and there are many examples of technologies for better and sophisticated financial services. Financial technology companies are moving towards better and healthy initiatives in promotion of startups and establishments are trying to better financial services. Information Technology tools plays a lead role for Financial technology field development both in practice and academically. Today many universities have started program and degrees in this field with name of Financial Technology, Financial Business Technology Financial Computing etc. The goal of this kind of program is to provide and generate knowledge as well as skills which are emerging in financial technology sector. Fintech is responsible for the great changes in traditional banks and insurance companies. The product/skilled in this field will taught innovation management techniques and they will be able to design as well as implement software applications, importantly here the data analytic, big data. Cloud computing, machine learning etc skills are required by new data driven models of financial services promotion and development. This paper is conceptual and theoretical in nature and talks about the basics of financial technology including its features, characteristics, development and function as a whole. The paper also emphasized about the program in this field and program potentiality in brief.