In 2017, Billboard named 'Fancy' as the biggest hit by a female rapper in history. It is one of the best-selling singles worldwide, with combined sales and track-equivalent streams of 9.1 million units according to IFPI. It won the Top Rap Song category at the 2015 Billboard Music Awards and was nominated for Record of the Year and Best Pop Duo/Group Performance at the 57th Grammy Awards. 'Fancy' was named Billboard 's Song of the Summer for 2014, as well as the most-streamed song on Spotify and most-watched music video on Vevo in 2014. It is XCX's second top-ten single, after her guest spot on Icona Pop's ' I Love It' in 2013. It reached the top ten in several countries such as Azalea's native country Australia and the United Kingdom. It also topped the charts in Canada and New Zealand and had general chart success around the world. It held the spot for seven consecutive weeks. 'Fancy' reached number one on the Billboard Hot 100, becoming both Azalea's and XCX's first number-one on that chart. It was leaked under the title 'Leave It' in December 2013. It was written by Azalea and XCX, composed and produced by production team the Invisible Men, alongside additional producers The Arcade.

'Fancy' was described as an electro-hop, electropop, and pop rap song. It was released on 17 February 2014 by Def Jam Recordings as the fourth single from the album. ' Fancy' is a song by Australian rapper Iggy Azalea featuring British singer Charli XCX, taken from the former's debut studio album, The New Classic (2014).

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