Assessing Distance to Fraud for providing early warning signals to Investors.

The financial sector of a country largely impacts its economic growth. This depends upon the extent to which it has reached the citizens. The country where all the people are included in its formal financial sector or are part of it, would be on the path of inclusive growth (Kumar, A., & Singh, S., 2021). The term financial inclusion is what helps a country in not only reducing the level of poverty by timely providing adequate and affordable financial services to all, but also helps in achieving sustained inclusive growth. Thus, financial inclusion plays an important role in a country's financial well-being and digital technology further strengthens financial inclusion success. This is sufficient for P2P lending platforms to a greater extent, which use technology to streamline the lending process, making it more efficient and transparent. This can help reduce the cost of lending and increase access to credit for borrowers. This study provides an insight into the current status of financial inclusion, capturing two dimensions of financial inclusion - usage of financial services by households and access to financial institutions (Gershenson et al, 2021). The study also examined the digitalisation of financial inclusion and the factors affecting the digital financial inclusion.The study is based on the secondary data collected from published reports of RBI, NPCI, World Bank, ACI Worldwide, articles, websites and reports submitted by different committees on digital transactions over different time periods. The objective of the study is to assess the factors affecting digital financial inclusion initiatives in India and evaluate the comparative impact in the United Kingdom and Brazil.