Year: 2025
Type: article
Abstract: This paper uses panel data regression with a fixed-effects model to analyze the impact of fintech payments and lending on economic growth in developing countriesstudy analyzes the impact of fintech payments and lending on economic growth in developing countries, using panel data regression with a fixed-effects model. The analysis reveals that fintech payments and lending have a significant positive effect on economic growth. Fintech payments increase transaction speed and accessibility to financial services, while fintech lending offers an alternative source of financing for individuals and MSMEs, boosting economic activity. The study uses panel data from eight countries, spanning from the period 2017 to 2022. T, and the results highlight the crucial role of fintech in supporting economic development. To foster fintech growth and consequently the broader economy in developing countries, policymakers are advised to strengthen regulatory frameworks, protect consumer data, and invest in digital infrastructure.
Source: APUNTES DEL CENES
Institution: Sriwijaya University
Language: English
Subfield: Management Information Systems
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4414537274