FinTech in small and medium enterprises (SMEs): A review and future research agenda

Abstract

FinTech and SMEs are gaining attention from scholars all over the world considering their growing significance. This study explores the current dynamics in the field of FinTech with reference to SMEs. This is done by examining 104 documents identified from Scopus and Web of Science databases in a systematic manner following PRISMA protocol. The study uses an amalgamation of systematic literature review and bibliometric and content analysis in a meticulous manner to trace the research progression. It identifies the influential authors, articles, sources, organizations, and countries contributing significantly to the research domain. It also focusses on examining research trends, mature as well as emerging research themes on the basis of content analysis and thematic mapping. This paper provides significant insights about prior research conducted in the field by identifying eight research clusters It also proposes an integrated framework on the basis of extensive review of literature. The findings from the study would help scholars interested in the field to set the direction for their future studies. This study is of practical relevance for both SMEs as well as FinTech companies and also draws the attention of policy makers towards regulatory challenges.