Financial Technology and sustainability: Does Fintech contribute to the achievement of the United Nations Sustainable Development Goals?

Abstract

The article examines the role of Fintech in achieving the United Nations Sustainable Development Goals (SDGs). A systematic literature review was conducted to evaluate the impacts of Fintech on various areas of the SDGs, such as poverty eradication, access to affordable financial services, reduction of economic inequalities, promotion of sustainable economic growth, and combating climate change. The results of the study have shown that Fintech can play a crucial role in achieving the SDGs by providing inclusive financial services and encouraging innovation and investment in sustainable projects. However, challenges such as regulation and data security must be addressed for Fintech to have a significant impact on the SDGs. The article concludes by suggesting avenues for future research on this important topic.