Authors: Nafeesathul Huda M
Abstract: Financial technology (FinTech) has transformed the financial ecosystem by improving access to digital financial services, enhancing operational efficiency, and promoting financial inclusion among small-scale entrepreneurs. This study examines the impact of FinTech solutions on small-scale entrepreneurship in Kondotty Municipality, Kerala. The objectives were to assess the adoption of FinTech tools, examine their influence on financial business operations, and evaluate their impact on entrepreneurial efficiency and growth. A descriptive research design was adopted using both primary and secondary data. Primary data were collected through a structured questionnaire administered to 60 small-scale entrepreneurs selected through purposive sampling. Statistical techniques including percentage analysis, one-way ANOVA, correlation analysis and regression analysis were used. The findings indicate that digital payment platforms, online banking, and accounting software significantly improve business efficiency, transaction speed, and financial management. However, the ANOVA results reveal no significant relationship between age and FinTech adoption (F = 0.458, p = .712). The study concludes that FinTech solutions positively influence operational efficiency and customer satisfaction among small-scale entrepreneurs. The findings have implications for policymakers, financial institutions, and entrepreneurship development agencies in promoting digital financial inclusion and technology-driven business growth.
