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Business Models and Sustainability Plans in the FinTech, InsurTech, and PropTech Industry: Evidence from Spain

Author

Listed:
  • Javier Sada Bittini

    (Department of Professional Orientation, Instituto de Estudios Bursátiles (IEB), C/Alfonso XI, 6, 28014 Madrid, Spain)

  • Salvador Cruz Rambaud

    (Department of Economics and Business, University of Almería, La Cañada de San Urbano, s/n, 04120 Almería, Spain)

  • Joaquín López Pascual

    (Department of Business Economics, University “Rey Juan Carlos”, Paseo de los Artilleros, s/n, 28032 Madrid, Spain)

  • Roberto Moro-Visconti

    (Dipartimento di Scienze dell’Economia e della Gestione Aziendale, Università Cattolica del Sacro Cuore, Via Necchi 5, 20123 Milan, Italy)

Abstract

After describing the main features of the Spanish companies belonging to the FinTech, InsurTech, and PropTech sectors, the main objective of this study is to analyze whether their B2B/B2C business models are related to the existence of sustainability plans. Specifically, this paper analyzes whether the existence of a sustainability department is a determining factor for the business model adopted by the Spanish FinTechs, InsurTechs, and PropTechs. By using the multinomial logit regression, other factors such as the current closeness of companies to the sustainable development goals (SDGs), the sensitivity to domestic and European FinTech/InsurTech regulations, and the perception of FinTechs about such European regulations are debated before conclusions are drawn for a future research agenda.

Suggested Citation

  • Javier Sada Bittini & Salvador Cruz Rambaud & Joaquín López Pascual & Roberto Moro-Visconti, 2022. "Business Models and Sustainability Plans in the FinTech, InsurTech, and PropTech Industry: Evidence from Spain," Sustainability, MDPI, vol. 14(19), pages 1-21, September.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:19:p:12088-:d:924049
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    References listed on IDEAS

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    Cited by:

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    2. Arvind Ashta, 2023. "How Can Fintech Companies Get Involved in the Environment?," Sustainability, MDPI, vol. 15(13), pages 1-18, July.
    3. Jorge Andrés-Sánchez & Jaume Gené-Albesa, 2024. "Not with the bot! The relevance of trust to explain the acceptance of chatbots by insurance customers," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-12, December.
    4. Leila Benslimane & Salah Eddine Kartobi & Abdessamad Ejjiar, 2023. "Investing in Business Model Innovation and adaptation during crisis period: Evidence from the Moroccan Insurance sector in Covid-19," Post-Print halshs-04229797, HAL.
    5. Salvador Cruz Rambaud & Joaquín López Pascual, 2023. "Insurtech, Proptech, and Fintech Environment: Sustainability, Global Trends and Opportunities," Sustainability, MDPI, vol. 15(12), pages 1-3, June.
    6. Nejla Ould Daoud Ellili, 2023. "Is there any association between FinTech and sustainability? Evidence from bibliometric review and content analysis," Journal of Financial Services Marketing, Palgrave Macmillan, vol. 28(4), pages 748-762, December.
    7. Serkan Eti & Hasan Dinçer & Hasan Meral & Serhat Yüksel & Yaşar Gökalp, 2024. "Insurtech in Europe: identifying the top investment priorities for driving innovation," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 10(1), pages 1-24, December.

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