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This study aims to examine how fintech adoption influences financial inclusion in South Asian countries through digital financial services.

Fintech's impact on financial inclusion in South Asian countries (SAARC): a cross-country analysis

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Cross-country analysis reveals fintech benefits for financial inclusion, suggesting potential for regional empowerment.

This study aims to examine how fintech adoption influences financial inclusion in South Asian countries through digital financial services.
Constructed a multidimensional Financial Inclusion Index based on Sarma's methodology.
Analyzed cross-country panel data from 2004 to 2023 using a Random Effects Model.
Utilized data sourced from the IMF, World Bank, and SAARC central banks.
Fintech innovations positively impact financial inclusion, particularly through mobile banking and digital wallets.
Mobile money transaction values show a negative effect, indicating potential market saturation.
Financial literacy significantly moderates these relationships, with Nepal and Maldives improving while Sri Lanka faces challenges.

Howlader et al. (2026) studied this question.

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