Preprint Review Version 1 This version is not peer-reviewed

Mapping of Fintech Ecosystem to Sustainable Development Goals (SDGs): Saudi Arabia’s Landscape

Version 1 : Received: 14 August 2024 / Approved: 14 August 2024 / Online: 15 August 2024 (12:23:41 CEST)

How to cite: Noreen, U. Mapping of Fintech Ecosystem to Sustainable Development Goals (SDGs): Saudi Arabia’s Landscape. Preprints 2024, 2024081062. https://doi.org/10.20944/preprints202408.1062.v1 Noreen, U. Mapping of Fintech Ecosystem to Sustainable Development Goals (SDGs): Saudi Arabia’s Landscape. Preprints 2024, 2024081062. https://doi.org/10.20944/preprints202408.1062.v1

Abstract

Financial technologies (Fintech) have become an indispensable part of most of the business infrastructure around the world. The Fintech ecosystem provides this solution by providing a suitable environment for all financial techno services to synergize. The objective of this paper is two folds; first, it aims to investigate & summarize Fintech programs products, and services in Saudi Arabia. Second, it maps the sustainable development goals (SDG) and indicators of the Fintech programs in Saudi Arabia. Secondary data was collected from published reports, institutional & governmental websites, official portals, and research papers focusing on the companies operating in Saudi Arabia. In the second step, the content analysis method was employed to investigate the features and characteristics of each program to map it to the sustainable development goals (SDGs). It was found that Fintech in Saudi Arabia is addressing SDGs goals 1, 2, 5 8 & 17. The paper also attempted to map further the SDG indicators with the products and services which Fintech companies are offering. This study will be beneficial for the institutions and policymakers of the Fintech industry to fill the gaps in addressing SDG goals which is a global agenda for eradicating poverty and offering sustainable development opportunities.

Keywords

Fintech; SDGs; Content analysis; Fintech ecosystem

Subject

Business, Economics and Management, Finance

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