IDEAS home Printed from https://ideas.repec.org/a/eee/riibaf/v66y2023ics0275531923001988.html
   My bibliography  Save this article

How do FinTech companies contribute to the achievement of SDGs? Insights from case studies

Author

Listed:
  • Carè, R.
  • Boitan, I.A.
  • Fatima, R.

Abstract

This study adopts an exploratory and inductive approach, employing grounded theory and multiple-case study methodology to examine how FinTech companies contribute to achieving Sustainable Development Goals (SDGs). Two main categories of findings emerge, with theoretical and practical implications. First, we provide insights into the direct and indirect contributions of selected FinTech companies to SDG achievement through eight propositions. Financial value precedes social/environmental value, with mutual reinforcement between financial and social goals. The mission, objectives, and target markets of FinTech companies determine the specific SDGs they address. Second, our findings emphasize the need to reconsider classical FinTech business models by aligning technology with societal and environmental added value. We propose an "Impact FinTech" model where technology serves the delivery of social or environmental value to local communities. This study recognizes the limitations inherent in case selection, data collection, and analysis associated with the multiple case study approach, which should be considered in future research.

Suggested Citation

  • Carè, R. & Boitan, I.A. & Fatima, R., 2023. "How do FinTech companies contribute to the achievement of SDGs? Insights from case studies," Research in International Business and Finance, Elsevier, vol. 66(C).
  • Handle: RePEc:eee:riibaf:v:66:y:2023:i:c:s0275531923001988
    DOI: 10.1016/j.ribaf.2023.102072
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0275531923001988
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.ribaf.2023.102072?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    FinTech; Sustainable development goals; Social impact; Environmental impact; Case study;
    All these keywords.

    JEL classification:

    • C83 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Survey Methods; Sampling Methods
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:riibaf:v:66:y:2023:i:c:s0275531923001988. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ribaf .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.