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Financial Literacy and Adoption of Fintech: The Role of Financial Risk Tolerance


Article Information

Title: Financial Literacy and Adoption of Fintech: The Role of Financial Risk Tolerance

Authors: Safyan Majid, Muhammad Gulzaib Chaudhary, Usman Ali

Journal: Global Social Sciences Review (GSSR)

HEC Recognition History
Category From To
Y 2024-10-01 2025-12-31
Y 2023-07-01 2024-09-30
Y 2022-07-01 2023-06-30
Y 2021-07-01 2022-06-30
Y 2020-07-01 2021-06-30

Publisher: Humanity Publications

Country: Pakistan

Year: 2022

Volume: 7

Issue: 1

Language: English

DOI: 10.31703/gssr.2022(vii-i).17

Categories

Abstract

<jats:p>Fintech is one of the novelty in the area of finance, it's a collaboration of finance and technology. Now a day's technology has become a significant part of the financial industry. Major products and services of Fintech include ATM, peer to peer lending, crowdfunding, and cryptocurrency. Understanding of financial terminology and acceptance of related risk of Fintech products and services are important. In that concern financial literacy and risk tolerance are significant element. This study has been conducted to evaluate how financial literacy and risk tolerance directly or indirectly can impact an entrepreneur for adoption of Fintech. After applying research method and data analysis from entrepreneur of Lahore, Pakistan, it has been concluded that financial.</jats:p>


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