The Impact of Fintech on The Agricultural Value Chain in Developing Countries

Agriculture plays a paramount role in the development of developing countries. However, the agricultural value chains in these countries still face challenges such as lack of funding, restricted access to financial institutions, and limited market entry opportunities. Nevertheless, the rise of financial technology has provided technological support for the development of agricultural value chains in developing countries to some extent. Currently, there is a lack of relevant literature on the impact of fintech on the agricultural value chains in developing countries. Therefore, this paper adopts a literature review approach to summarize the main impacts of fintech on the agricultural value chains in developing countries in three aspects. Additionally, it identifies a challenge called the digital divide in current applications. This paper specifically outlines the impact of fintech on the agricultural value chains in developing countries in terms of mobile money, digital markets, and blockchain, aiming to provide clear direction for the future development of agricultural value chains in developing countries.