The Study of Fintech Solutions and its Adoption with Special Reference to MUMBAI City

Abstract

Financial technology (FinTech) is altering financial services in a number of ways, as well as how clients interact with the products these business models offer. Several FinTech solutions are developed to link the financial assets of consumers with technology to make use of any financial operations they might be interested in as simple as feasible. Data analysis reveals that people are interested in financial solutions. Its expanding adoption is based on people's understanding and perception of fintech. the various subcategories of fintech applications. It uses the survey method. With the aid of structured questionnaires, field data is gathered In order to examine how people felt about the adoption of financial technology, the author collected 100 samples from different parts of Mumbai. This study primarily focuses on the performance metrics for implementing financial technology and how they affect acceptance and popularity. Anova test is used to measure association of Demographic Factors on fintech Adoption.