The Role of Financial Technology (FinTech) and Sustainable Economic Growth: Emerging Digital Solutions in Oman

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Authors: Mohammed Eunus Ali
Cited by: 0
References: 18

Abstract

This study examines the growing influence of financial technology (FinTech) on sustainable economic growth in Oman, with a focus on how digital financial solutions support the country’s transition toward a more resilient and innovation driven economy. The research explores key FinTech developments, including mobile payment systems, digital banking platforms, blockchain applications, and automated financial services and evaluates their contribution to financial inclusion, operational efficiency, and environmentally responsible economic activities. Using a mixed-method approach, the study analyzes policy initiatives, market trends, and stakeholder perspectives to assess the effectiveness of FinTech in advancing national sustainability objectives outlined in Oman Vision 2040. The findings indicate that FinTech plays a critical role in strengthening SME financing, promoting green investment, and enhancing transparency in financial transactions. The study concludes that continued expansion of digital infrastructure, regulatory support, and public–private collaboration is essential for maximizing the long-term economic and environmental benefits of FinTech in Oman.

Fields of Study & Subjects

FinTech Crowdfunding Digital Finance Digital Transformation in Financial Services Economic Growth and Development

Publication details

Journal / source
International Journal of Latest Technology in Engineering Management & Applied Science
Volume
15
Issue
1
Pages
446–463
Publication date
29 January 2026