Abstract This paper offers an in-depth review of the existing literature on Financial Technology (FinTech), examining its evolution, impact, and prospects. The primary goal of this study is to consolidate current knowledge, identify research gaps, and provide insights into FinTech's transformative role within the financial industry. Utilising secondary data sources, such as peer-reviewed journals, industry reports, and academic publications, this review explores various aspects of FinTech, including digital payments, blockchain technology, crowdfunding, and robo-advisors. The findings highlight significant advancements in FinTech applications, promoting financial inclusion, efficiency, and innovation. Additionally, the paper underscores key challenges and regulatory considerations that must be addressed to fully realise the potential of FinTech. This review serves as a valuable resource for academics, practitioners, and policymakers seeking to navigate the dynamic landscape of FinTech and its implications for the future of finance.
Mestri et al. (Sat,) studied this question.