The 2008 financial crisis became a milestone in the development of financial technology (FinTech). Leveraging innovative technologies and data science, FinTech companies have introduced entirely new products and services for lending, wealth management, and payments. At the same time, new market players entering financial markets necessitate a regulation dealing with the risks stemming from innovative technologies. This chapter unveils the security challenges arising in FinTech sector focusing on vulnerabilities in data management, cybersecurity, and operational resilience. These risks require an enhanced regulatory framework to uphold the safety of financial markets considering technological innovation. Nonetheless, FinTech opens significant opportunities for growth and transformation. FinTech is promising in addressing the problem of financial inclusion for those who lack access to basic financial services such as savings and credit. Assessing the specific landscape of the Latin American market, FinTech’s development in this region appears particularly promising in terms of tackling the issue of financial inclusion. Furthermore, there is evidence that FinTechs may reduce the gender gap in access to finance for women in some developing economies. In this chapter, those technological innovations and their implications for the financial market in the era of permacrisis are discussed.