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The Impact of Fintech Adoption on Financial Inclusion and SME Growth in Emerging Economies: A Case Study of India

Authors: Indu Sharma

Published: 2025-05-02 11:34:38.578

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Abstract

This research paper investigates the impact of Fintech adoption on financial inclusion and the growth of Small and Medium-sized Enterprises (SMEs) in emerging economies, focusing specifically on India. Utilizing a mixed-methods approach, combining quantitative analysis through logistic regression with qualitative insights from case studies, the study examines the relationship between Fintech usage, access to financial services, and subsequent SME performance indicators such as revenue growth, profitability, and job creation. The findings reveal a significant positive correlation between Fintech adoption and financial inclusion, leading to enhanced access to credit, payment solutions, and other financial services for SMEs. Furthermore, the study demonstrates that Fintech adoption is associated with improved SME growth, particularly in sectors with high digital penetration. The paper concludes with policy recommendations aimed at fostering a supportive ecosystem for Fintech innovation and promoting its adoption among SMEs to accelerate financial inclusion and sustainable economic development.

Keywords

Fintech, Financial Inclusion, SME Growth, Emerging Economies, Digital Finance, India, Logistic Regression, Technology Adoption, Access to Finance, Economic Development.

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How to Cite

Indu Sharma, (2025-05-02 11:34:38.578). The Impact of Fintech Adoption on Financial Inclusion and SME Growth in Emerging Economies: A Case Study of India. JANOLI International Journal of Economics and Management Science , Volume MejgkunYNoDF1a6qqjpe, Issue 3.

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