Financial Literacy and Adoption of Fintech: The Role of Financial Risk Tolerance
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.
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Financial Literacy, Fintech, ATM, Lahore, Pakistan
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(1) Safyan Majid
Department of Commerce and Finance, GC University, Lahore, Punjab, Pakistan.
(2) Muhammad Gulzaib Chaudhary
Department of Economics, GC University, Lahore, Punjab, Pakistan
(3) Usman Ali
Department of Economics, GC University, Lahore, Punjab, Pakistan.