Impact of Fintech, Green Field Investment on Sustainable Economic Growth

Abstract

It's fundamental to comprehend the significance of innovative financial services and direct investments in new businesses as the world economy evolves toward sustainability. FinTech, which includes online lending platforms, and digital payment systems, presents that were previously uncommon have chances to improve financial inclusion. This study used the quantitative data which is taken from the world development indicator or the global financial data base from 2013 to 2021 the target economy of this study is 19 Asian countries the data use in this study is the panel data. Research shows that FinTech makes a substantial contribution to sustainable economic growth by making finance more accessible and encouraging innovation. Greenfield investments are also important because they provide capital to developing nations, which helps with industrial diversification and infrastructure development. Finally, the combination of these two types of investments enhances their positive effects.