The Role of Fintech Adoption in Accelerating Business Growth for SMEs: Evidence from Emerging Market

Annisa Martina Syahrir (1)
(1) Alghifari University
https://doi.org/10.53675/icosei.v1i1.1635
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Issue
Vol. 1 No. 1 (2025)
Submitted
2025-08-19
Published
2025-10-07
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Abstract

Abstract. Small and Medium Enterprises (SMEs) are critical drivers of inclusive and sustainable economic growth, especially in emerging markets, by creating jobs, fostering innovation, and strengthening local economies. The rapid rise of financial technology (fintech) offers new opportunities for SMEs to access finance, enhance operational efficiency, and integrate into global value chains. However, adoption rates remain uneven due to barriers such as low digital literacy, infrastructure limitations, and concerns over data security. This study aims to examine the direct impact of fintech adoption on SME business growth and to explore the mediating role of financial management efficiency in this relationship. A quantitative, cross-sectional survey will be conducted with 500 SMEs operating in the trade, culinary, and service sectors, using a structured Likert-scale questionnaire. Data will be analyzed using Structural Equation Modeling–Partial Least Squares (SEM-PLS). The study is expected to contribute to the integration of technology adoption and business management perspectives, offering practical insights for policymakers and SME owners in leveraging fintech for sustainable development.Keywords: Fintech adoption, SME growth, financial management efficiency, emerging markets.

Authors

Annisa Martina Syahrir
Alghifari University

How to Cite

The Role of Fintech Adoption in Accelerating Business Growth for SMEs: Evidence from Emerging Market. (2025). Proceeding International Conference On Sustainable Environment And Innovation (ICOSEI), 1(1). https://doi.org/10.53675/icosei.v1i1.1635

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References

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