Department of Management, Kristu Jayanti College Autonomous, India.
Research Article
World Journal of Advanced Research and Reviews, 2024, 24(01), 1945–1961
Received on 09 September 2024; revised on 19 October 2024; accepted on 22 October 2024
Purpose – The purpose of this paper is analyze the effects of Fintech and its various sub-sets on Financial Inclusion. Additionally, the authors have analyzed the presence of Fintech in India, its emergence, and its future scope.
Design/methodology/approach – As a literature review, no specific methodology is required. Findings – Research has shown core sub-sectors of Fintech like Reg-tech, Insur-Tech, Online Banking, and Digital Lending to be sectors that contribute the most to financial inclusion from Fintech if further investment is made these sectors have promising potential
Research limitations/implications – The review would prove to be a dire catalyst in the research of present Fintech situations, aiding professionals in finding key sectors where further attention and investment in financial inclusion can prove to provide positive outcomes.
Practical implications – The study highlights areas of Fintech that have the most positive impact on financial inclusion providing a clear path to investors and government officials on which areas to focus on.
Social implications – As a literature review, there are only indirect social implications in the sense that the studies reviewed could be used to impact people’s lives.
Originality/value – As a literature review, originality is not an applicable criterion, however, the study adds value for the reader by highlighting gaps in the current body of knowledge and bringing together various studies in one location.
Fintech; Financial Inclusion; Under-privileged segment; Poverty Reduction; Reg-tech; Online Banking, Insur-Tech; Digital Lending
Preview Article PDF
Bijin Philip and Eudora Fernandes. From innovation to inclusion: The dynamic influence of fintech on financial accessibility and future scopes in India. World Journal of Advanced Research and Reviews, 2024, 24(1), 1945-1961. Article DOI: https://doi.org/10.30574/wjarr.2024.24.1.3184