Fintech Innovations and Their Role in Economy: A Survey Based Study

Abstract

In recent years, ‘Fintech Innovations’ have disrupted traditional financial services, revolutionising the way we save, borrow, invest, and pay. The goal of this survey-based study is to look at the economic impact of fintech advances. The research aims to identify the most significant fintech breakthroughs, as well as their influence on the financial industry and the overall economy. The research also looks at the problems and possibilities that fintech technologies provide, as well as the regulatory system that controls them. According to the report, fintech technologies can alter the financial industry and contribute to the economy's growth and development. This study makes a comparison among both the genders i.e. male and female with 182 people experiencing fintech innovation (91 from each category).