Strategic Innovation and Performance of FinTech Enterprises in Ondo State, Nigeria

The study focused on strategic innovation (product innovation, technological innovation and marketing innovation) and performance (customer satisfaction, trust and customer retention) of Fintech enterprises in Ondo State, Nigeria. The study adopted the survey research design. The data was analysed using the Statistical Package for the Social Sciences (SPSS) and the result was presented in tables using frequency, percentages, mean and standard deviation (descriptive statistics). Multiple regression (inferential statistics). Findings from the study reveals that strategic innovation have a positive significant influence on customer satisfaction, customer trust and customer retention. Thus, the study concluded that strategic innovations are necessary for Fintech enterprises in Ondo State to optimize performance. The study recommends that Fintech enterprises should continually engage in strategic innovations to optimize performance.

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Publication Details

Journal
Indonesian Journal of Banking and Financial Technology
Published
2024-10-31
DOI
https://doi.org/10.55927/fintech.v2i4.10984
Primary Topic
FinTech, Crowdfunding, Digital Finance
Type
article
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article

Strategic Innovation and Performance of FinTech Enterprises in Ondo State, Nigeria

I. O. Adesuyi, Jamiu Adeniyi Yusuf, Isaac Olakunle Oludoyi
Indonesian Journal of Banking and Financial Technology
FinTech, Crowdfunding, Digital Finance
article

Strategic Innovation and Performance of FinTech Enterprises in Ondo State, Nigeria

I. O. Adesuyi, Jamiu Adeniyi Yusuf, Isaac Olakunle Oludoyi
article en

Abstract

The study focused on strategic innovation (product innovation, technological innovation and marketing innovation) and performance (customer satisfaction, trust and customer retention) of Fintech enterprises in Ondo State, Nigeria. The study adopted the survey research design. The data was analysed using the Statistical Package for the Social Sciences (SPSS) and the result was presented in tables using frequency, percentages, mean and standard deviation (descriptive statistics). Multiple regression (inferential statistics). Findings from the study reveals that strategic innovation have a positive significant influence on customer satisfaction, customer trust and customer retention. Thus, the study concluded that strategic innovations are necessary for Fintech enterprises in Ondo State to optimize performance. The study recommends that Fintech enterprises should continually engage in strategic innovations to optimize performance.

Indonesian Journal of Banking and Financial TechnologyVol. 2(4)
Fountain University (NG), Elizade University (NG)
Industry, innovation and infrastructure
Openalex Percentile: Top 70%
FinTech, Crowdfunding, Digital Finance
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Strategic Innovation and Performance of FinTech Enterprises in Ondo State, Nigeria — I. O. Adesuyi, Jamiu Adeniyi Yusuf, et al. · Indonesian Journal of Banking and Financial Technology (2024) | TGRS Research Map | TGRS