Adoption of the Fintech Services among Young Entrepreneurs

The rapid development of financial technology (FinTech) has transformed the delivery and utilisation of financial services, creating new opportunities for entrepreneurs to conduct business transactions, manage finances and access digital financial solutions. Young entrepreneurs represent an important segment of the entrepreneurial ecosystem because of their potential to promote innovation, employment generation and economic development. The adoption of FinTech services can help them improve transaction efficiency, maintain financial records and manage business activities more conveniently. However, the extent of adoption may depend on technological capabilities, financial knowledge, perceived benefits, accessibility, trust and security concerns. Against this background, the present study, titled “Adoption of FinTech Services Among Young Entrepreneurs,” aims to examine the adoption patterns and preferences of FinTech services and analyse the factors influencing their adoption. The study focuses on digital payments, mobile banking, internet banking, digital wallets and online lending platforms. It considers digital literacy, financial literacy, perceived usefulness, ease of use, trust, accessibility and security concerns as potential determinants of FinTech adoption. A descriptive research design is proposed, with primary data collected through a structured questionnaire administered to young entrepreneurs. A sample of 100 respondents may be considered, subject to the availability of participants and the defined scope of the study. Secondary data may be obtained from academic journals, research articles, books and relevant institutional reports. Frequency and percentage analysis, mean scores, standard deviation and correlation analysis may be used to examine the data. Multiple regression may also be employed to identify the relative contribution of selected factors to FinTech adoption. The illustrative analysis presented for this study suggests that digital payments and mobile banking may be widely used by young entrepreneurs, while online lending platforms may have comparatively lower adoption. Perceived usefulness, ease of use and accessibility emerge as important factors to investigate, while trust and security remain relevant considerations. These preliminary, illustrative patterns are not empirical findings and must be verified using actual survey data. The study is expected to provide insights for FinTech service providers, policymakers and entrepreneurship-support organisations in developing accessible, secure and user-friendly financial solutions. It also emphasises the importance of digital and financial literacy in promoting informed and responsible adoption of FinTech services among young entrepreneurs..