Abstract

The study systematically reviewed the latest literature on how financial technology (FinTech) improves financial inclusion among small and medium-sized enterprises (SMEs) in emerging markets. This study uses a Systematic Literature Review (SLR) approach to identify patterns, current knowledge, and research gaps. FinTech plays a crucial role in expanding SME access to finance through digital lending, peer-to peer financing, crowdfunding, and mobile banking platforms, while enhancing business competitiveness and resilience. The review revealed that FinTech contributes positively by improving access to affordable credit, accelerating transaction efficiency, and improving financial literacy among SMEs. However, inclusive growth remains hindered by several barriers, including limited digital infrastructure, regulatory uncertainty, cybersecurity risks, and low digital adoption in rural areas. The study integrates diverse evidence to explain how FinTech-driven inclusion supports the sustainability and economic growth of SMEs in developing countries. It also highlights research gaps, by providing policy implications to strengthen the long-term effects of FinTech in supporting financial inclusion on SME Performance.