Green FinTech Ecosystems and Sustainable Value Creation: Integrating Digital Innovation, Finance, and Environmental Performance

The rapid integration of digital technologies into financial systems has reshaped the way sustainability objectives are pursued, giving rise to Green FinTech ecosystems that combine financial innovation with environmental responsibility. This study examined how Green FinTech ecosystems contributed to sustainable value creation by integrating digital innovation, finance, and environmental performance. Using a quantitative research design and secondary data from firms engaged in green finance activities, the study analyzed the effects of Green FinTech adoption and ESG integration on environmental and sustainability outcomes. The results indicated that Green FinTech adoption had a positive and statistically significant impact on environmental performance, demonstrating that digital financial technologies enhanced transparency, efficiency, and resource allocation toward environmentally sustainable initiatives. Furthermore, ESG integration was found to play a reinforcing role, amplifying the sustainability benefits of digital finance and translating technological capabilities into measurable environmental and governance outcomes. The findings also revealed that firm-specific characteristics influenced sustainability performance, with financial leverage constraining environmental investments, while firm size supported the adoption of green digital solutions. Overall, the study highlighted that sustainable value creation was maximized when digital financial innovation was embedded within robust ESG frameworks and supported by conducive institutional environments. By adopting an ecosystem perspective, this research contributed to the sustainable finance literature by providing empirical evidence on the synergistic role of Green FinTech and ESG integration. The study offered practical insights for policymakers, financial institutions, and practitioners seeking to leverage digital finance as a systemic driver of environmental sustainability and long-term value creation.