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What is Financial Literacy about?

This study examines the relationship between financial literacy and the growth of the FinTech market across 114 countries from 2013 to 2019, finding a strong positive correlation. It utilizes both education policy-based and market-based measures of financial literacy to demonstrate that higher financial literacy levels can catalyze FinTech market expansion. The findings suggest that enhancing financial education can improve user engagement with FinTech solutions and inform policy directions for fostering a

Author

Wita Syavirah

Language

EN