Mapping Global Research Trends in FinTech Innovations and SME Dynamics: A Scientometric Analysis

This study sought to examine the evolution of financial technology (FinTech) and its huge influence on traditional financial systems, with particular attention to InsurTech, regulatory technology, robo-advisory services, and advertising technology. Focusing on the intersection of FinTech and small- and medium-sized enterprises (SMEs), the study employed a bibliometric analysis of 365 publications indexed in the Scopus database from 2007 to 2023. Scientific mapping techniques were used to identify key research domains, leading institutions, influential authors, and major contributing countries. The findings revealed a strong and growing interconnection between FinTech and SMEs, emphasizing the critical role of SMEs in economic development and financial inclusion. The analysis also highlighted the dominance of China in global FinTech research and identified emerging thematic trends that appeared to have shaped the field. The study concluded that FinTech innovations significantly contribute to enhancing financial system efficiency, resilience, and accessibility, thereby supporting sustainable economic growth. The insights obtained from this study may be found to be useful for policymakers, financial institutions, and SMEs whose interest is to leverage digital financial innovations for strategic decision making. This research offers a comprehensive overview of FinTech’s evolution and provides a foundation for future empirical and qualitative studies.