Fintech A Catalyst for Micro Credit Across the Globe

This academic paper explores the transformative impact of financial technology FinTech on global financial systems and economic inclusion. Beginning with an examination of the evolution and paradigms of FinTech post crisis, it delves into the role of digital innovations in enhancing financial services accessibility, particularly in developing economies. Key themes include the rise of mobile money and blockchain technologies, their implications for financial inclusion, and the challenges and opportunities they present in different regional contexts. Insights from empirical studies on microfinance, peer to peer lending, and digital credit illustrate the nuanced effects of FinTech on economic development and regulatory frameworks. The paper concludes with a discussion on future research directions to maximize the potential of FinTech for sustainable financial inclusion. Nitish Shekhar | Siddhartha Ghosh "Fintech: A Catalyst for Micro-Credit Across the Globe" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-4 , August 2024, URL: https://www.ijtsrd.com/papers/ijtsrd67120.pdf Paper Url: https://www.ijtsrd.com/other-scientific-research-area/other/67120/fintech-a-catalyst-for-microcredit-across-the-globe/nitish-shekhar