Abstract
This study provides an in-depth examination of the use of Financial Technology (Fintech) solutions by Small and Medium-sized Enterprises (SMEs) in the modern business landscape. Fintech, which is defined by new digital technologies that disrupt traditional financial services, has received a lot of attention in recent years because of its
potential to improve financial efficiency, accessibility, and competitiveness for businesses of all kinds.
The major goal of this research is to look into the amount of Fintech acceptance among SMEs, identify the important variables driving their adoption decisions, and evaluate the benefits and obstacles of integrating Fintech solutions into their operations. A mixed methods approach was used to achieve these goals, integrating quantitative survey data and qualitative interviews with SME owners and managers. On the other hand, data security, legal compliance, and the difficulty of integrating Fintech technologies with existing infrastructures appear as key impediments to widespread implementation. In addition, the report emphasizes the necessity of financial
literacy and awareness among SME owners in order to make educated decisions on Fintech adoption.
Keywords: Fintech, Small and Medium-sized Enterprises, Infrastructure Integration, Operational Efficiency, Financial Performance, Digitalization.
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