The Role of Financial Technology in Promoting Financial Inclusion

Abstract

This study aims to highlight the role of financial technology in enhancing financial inclusion. It is divided into three sections: the first section discusses the nature of financial technology, while the second section focuses on the concept of financial inclusion and its dimensions. The third section is dedicated to presenting the role and challenges of financial technology in achieving financial inclusion. The study concludes that financial technology plays an important and effective role in promoting financial inclusion, due to the advantages it offers that contribute to expanding access to financial services, overcoming barriers that prevent various segments of society from benefiting, reducing transaction costs, increasing transparency, and supporting financial awareness, while emphasizing the need to address the obstacles that limit this progress.