How to cite this paper
Alfzari, S & Al-Shboul, M. (2025). The inflected of fintech solutions on financial performance in SMEs: An analysis of the IT industry in the UAE.Uncertain Supply Chain Management, 13(4), 711-730.
Refrences
Abbas, J., Balsalobre-Lorente, D., Amjid, M. A., Al-Sulaiti, K., Al-Sulaiti, I., & Aldereai, O. (2024). Financial innovation and digitalization promote business growth: The interplay of green technology innovation, product market competition and firm performance. Innovation and Green Development, 3(1), 100111.
Agarwal, S., & Zhang, J. (2020). FinTech, lending and payment innovation: A review. Asia‐Pacific Journal of Financial Studies, 49(3), 353-367.
Akdeniz, Ö. O. (2022). Utilization of FinTech applications during the Covid-19 pandemic. In Digital Transformation-Towards New Frontiers and Business Opportunities. IntechOpen.
Alkhawaldeh, B., Alhawamdeh, H., Al-Afeef, M., Al-Smadi, A., Almarshad, M., Fraihat, B., Soumadi, M., Nawasra, M., & Alaa, A. (2023). The effect of financial technology on financial performance in Jordanian SMEs: The role of financial satisfaction. Uncertain Supply Chain Management, 11(3), 1019-1030.
Amoako-Adu, B., & Eshun, J. P. (2018). SME financing in Africa: Collateral lending vs cash flow lending. International Journal of Economics and Finance, 10(6), 151-159.
Arnaut, D., & Bećirović, D. (2023). FinTech innovations as disruptor of the traditional financial industry. In Digital Transformation of the Financial Industry: Approaches and Applications (pp. 233-254). Springer.
Bagale, G. S., Vandadi, V. R., Singh, D., Sharma, D. K., Garlapati, D. V. K., Bommisetti, R. K., Gupta, R. K., Setsiawan, R., Subramaniyaswamy, V., & Sengan, S. (2021). Small and medium-sized enterprises' contribution in digital technology. Annals of Operations Research, 1-24.
Bagh, T., Arif, M., Liaqat, I., & Razzaq, S. (2017). Impact of financial constraints on growth and development of small and medium enterprises in Sialkot Pakistan. International Journal of Financial Markets, 2(4), 131-141.
Bigliardi, B. (2013). The effect of innovation on financial performance: A research study involving SMEs. Innovation, 15(2), 245-255.
Bureshaid, N. K. (2021). An investigation into factors enabling the diffusion and adoption intention of fintech services for bank consumers Brunel University London].
Cumming, D., Johan, S., & Reardon, R. (2023). Global fintech trends and their impact on international business: a review. Multinational Business Review, 31(3), 413-436.
Das, B. (2022). Diffusion of innovations: Theoretical perspectives and empirical evidence. African Journal of Science, Technology, Innovation and Development, 14(1), 94-103.
Elsaid, H. M. (2023). A review of literature directions regarding the impact of fintech firms on the banking industry. Qualitative Research in Financial Markets, 15(5), 693-711.
Hastuti, T. D., Sanjaya, R., & Koeswoyo, F. (2022). The readiness of Lasem Batik small and medium enterprises to join the metaverse. Computers, 12(1), 5.
Hermiyetti, H. (2023). Leveraging fintech innovations to enhance financial management efficiency: a comprehensive analysis of implementation strategies and impact on organizational performance. International Journal of Economic Literature, 1(3), 305-318.
Indrawati, H. (2020). Barriers to technological innovations of SMEs: how to solve them? International Journal of Innovation Science, 12(5), 545-564.
Ivashchenko, A., Britchenko, I., Dyba, M., Polishchuk, Y., Sybirianska, Y., & Vasylyshen, Y. (2018). Fintech platforms in SME’s financing: EU experience and ways of their application in Ukraine. Investment Management & Financial Innovations, 15(3), 83.
Javaid, M., Haleem, A., Singh, R. P., Suman, R., & Khan, S. (2022). A review of Blockchain Technology applications for financial services. BenchCouncil Transactions on Benchmarks, Standards and Evaluations, 2(3), 100073.
Jiang, Y., Wang, X., & Yuen, K. F. (2021). Augmented reality shopping application usage: The influence of attitude, value, and characteristics of innovation. Journal of Retailing and Consumer Services, 63, 102720.
Lee, C.-C., Li, X., Yu, C.-H., & Zhao, J. (2021). Does fintech innovation improve bank efficiency? Evidence from China’s banking industry. International Review of Economics & Finance, 74, 468-483.
Lestari, D., Darma, D., & Muliadi, M. (2020). Fintech and micro, small and medium enterprises development: Special reference to Indonesia. Entrepreneurship Review, 1(1), 1-9.
Lontchi, C. B., Yang, B., & Shuaib, K. M. (2023). Effect of financial technology on SMEs performance in Cameroon amid COVID-19 recovery: The mediating effect of financial literacy. Sustainability, 15(3), 2171.
Lu, L. (2018). Promoting SME finance in the context of the fintech revolution: A case study of the UK's practice and regulation. Banking and Finance Law Review, 317-343.
Maulana, S., Nasution, I. M., Shino, Y., & Panjaitan, A. R. S. (2022). Fintech as a financing solution for micro, small and medium enterprises. Startupreneur Business Digital (SABDA Journal), 1(1), 71-82.
Mangifera, L., Wajdi, F., Amalia, F., & Uswatun Khasah, A. (2022). The Role of Digital Innovation in SMEs: A Financial Performance Perspective. Jurnal Manajemen Universitas Bung Hatta, 17(2), 157-170.
Megersa, K. (2020). Improving SMEs’ access to finance through capital markets and innovative financing instruments: some evidence from developing countries. Nairobi Securities Exchange website: https://www. nse. co. ke.
Messina, P. (2019). Finance for SMEs: Focus on Securitization and Alternative Finance Tools.
Micheni, F. K. (2021). Factors Affecting The Choice Of Mobile Lending Platforms Among Small And Medium Enterprises In Tharaka Nithi County In Kenya Kca University].
Muhtasim, D. A., Tan, S. Y., Hassan, M. A., Pavel, M. I., & Susmit, S. (2022). Customer satisfaction with digital wallet services: an analysis of security factors. International Journal of Advanced Computer Science and Applications, 13(1), 195-206.
Munguti, M. J., & Wamugo, L. (2020). Microfinance credit accessibility and financial performance of small and medium enterprises in Machakos County, Kenya. Integrated Journal of Business and Economics, 4(1), 71-79.
Ndikubwimana, P. (2016). The role of financial institutions in promoting innovation of SMEs in Rwanda: An empirical review. British Journal of Economics, Management & Trade, 14(2), 1-14.
Ndungu, J. M., & Moturi, C. A. (2020). Determinants of mobile Fintech uptake in Kenyan microfinance sector.
Nwankwo, W., Paschal, C. U., Daniel, A., Shaba, S. M., Muyideen, M. O., Nwankwo, C. P., & Wilfred, A. (2022). Integrated Fintech Solutions in Learning Environments in the Post-Covid-19 Era. IUP Journal of Knowledge Management, 20(3).
Ogbonna, K. A., Joy, A., Chukwuma, A., & Ogungbangbe, B. (2024). Fintech and business growth in the banking industry: An outlook from Opay microfinance bank Nigeria limited. Journal of Management and Science, 14(1), 87-91.
Okour, M. K., Chong, C. W., & Abdel Fattah, F. A. M. (2021). Knowledge management systems usage: application of diffusion of innovation theory. Global Knowledge, Memory and Communication, 70(8/9), 756-776.
Owusu, E. (2019). Financing challenges faced by SMEs in Ghana E. Owusu].
Park, E. S., & Park, M. S. (2020). Factors of the technology acceptance model for construction IT. Applied Sciences, 10(22), 8299.
Peter, F., Adegbuyi, O., Olokundun, M., Peter, A. O., Amaihian, A. B., & Ibidunni, A. S. (2018). Government financial support and financial performance of SMEs. Academy of Strategic Management Journal, 17.
Peter, M. K., Kraft, C., & Lindeque, J. (2020). Strategic action fields of digital transformation: An exploration of the strategic action fields of Swiss SMEs and large enterprises. Journal of Strategy and Management, 13(1), 160-180.
Pizzi, S., Corbo, L., & Caputo, A. (2021). Fintech and SMEs sustainable business models: Reflections and considerations for a circular economy. Journal of Cleaner Production, 281, 125217.
Prastiawan, D. I., Aisjah, S., & Rofiaty, R. (2021). The effect of perceived usefulness, perceived ease of use, and social influence on the use of mobile banking through the mediation of attitude toward use. APMBA (Asia Pacific Management and Business Application), 9(3), 243-260.
Rahman, A., Belas, J., Kliestik, T., & Tyll, L. (2017). Collateral requirements for SME loans: empirical evidence from the Visegrad countries. Journal of business economics and management, 18(4), 650-675.
Rajamani, K., Jan, N. A., Subramani, A., & Raj, A. N. (2022). Access to finance: challenges faced by micro, small, and medium enterprises in India. Engineering Economics, 33(1), 73-85.
Reyes-Mercado, P., & Reyes-Mercado, P. (2021). Entrepreneurship in the FinTech Industry. FinTech Strategy: Linking Entrepreneurship, Finance, and Technology, 33-57.
Salampasis, D., & Mention, A.-L. (2018). FinTech: Harnessing innovation for financial inclusion. In Handbook of blockchain, digital finance, and inclusion, volume 2 (pp. 451-461). Elsevier.
Singh, G. (2022). Technology Acceptance Model (TAM) and Use and Adoption of Technology by Small Business Owners in Queens, NY.
Soni, G., Kumar, S., Mahto, R. V., Mangla, S. K., Mittal, M., & Lim, W. M. (2022). A decision-making framework for Industry 4.0 technology implementation: The case of FinTech and sustainable supply chain finance for SMEs. Technological Forecasting and Social Change, 180, 121686.
Sreenu, N. (2024). The influence of fintech and financial knowledge on sustainable business success: exploring the mediating effect of financial accessibility in Indian. Benchmarking: An International Journal.
Tatikonda, V., Venigandla, K., & Vemuri, N. (2022). Transforming customer banking experiences: ai-driven rpa for customized service delivery. International Journal of Development Research, 12, 60674-60677.
Temelkov, Z., & Gogova Samonikov, M. (2018). The need for fintech companies as non-bank financing alternatives for sme in developing economies. International Journal of Information, Business and Management, 10(3), 25-33.
Utami, N., & Sitanggang, M. L. (2021, December). The Effect of Fintech Implementation on The Performance of SMEs. In Journal of International Conference Proceedings (Vol. 4, No. 3, pp. 407-417).
Yoshino, N., & Taghizadeh-Hesary, F. (2018). The role of SMEs in Asia and their difficulties in accessing finance (No. 911). ADBI Working Paper Series.
Agarwal, S., & Zhang, J. (2020). FinTech, lending and payment innovation: A review. Asia‐Pacific Journal of Financial Studies, 49(3), 353-367.
Akdeniz, Ö. O. (2022). Utilization of FinTech applications during the Covid-19 pandemic. In Digital Transformation-Towards New Frontiers and Business Opportunities. IntechOpen.
Alkhawaldeh, B., Alhawamdeh, H., Al-Afeef, M., Al-Smadi, A., Almarshad, M., Fraihat, B., Soumadi, M., Nawasra, M., & Alaa, A. (2023). The effect of financial technology on financial performance in Jordanian SMEs: The role of financial satisfaction. Uncertain Supply Chain Management, 11(3), 1019-1030.
Amoako-Adu, B., & Eshun, J. P. (2018). SME financing in Africa: Collateral lending vs cash flow lending. International Journal of Economics and Finance, 10(6), 151-159.
Arnaut, D., & Bećirović, D. (2023). FinTech innovations as disruptor of the traditional financial industry. In Digital Transformation of the Financial Industry: Approaches and Applications (pp. 233-254). Springer.
Bagale, G. S., Vandadi, V. R., Singh, D., Sharma, D. K., Garlapati, D. V. K., Bommisetti, R. K., Gupta, R. K., Setsiawan, R., Subramaniyaswamy, V., & Sengan, S. (2021). Small and medium-sized enterprises' contribution in digital technology. Annals of Operations Research, 1-24.
Bagh, T., Arif, M., Liaqat, I., & Razzaq, S. (2017). Impact of financial constraints on growth and development of small and medium enterprises in Sialkot Pakistan. International Journal of Financial Markets, 2(4), 131-141.
Bigliardi, B. (2013). The effect of innovation on financial performance: A research study involving SMEs. Innovation, 15(2), 245-255.
Bureshaid, N. K. (2021). An investigation into factors enabling the diffusion and adoption intention of fintech services for bank consumers Brunel University London].
Cumming, D., Johan, S., & Reardon, R. (2023). Global fintech trends and their impact on international business: a review. Multinational Business Review, 31(3), 413-436.
Das, B. (2022). Diffusion of innovations: Theoretical perspectives and empirical evidence. African Journal of Science, Technology, Innovation and Development, 14(1), 94-103.
Elsaid, H. M. (2023). A review of literature directions regarding the impact of fintech firms on the banking industry. Qualitative Research in Financial Markets, 15(5), 693-711.
Hastuti, T. D., Sanjaya, R., & Koeswoyo, F. (2022). The readiness of Lasem Batik small and medium enterprises to join the metaverse. Computers, 12(1), 5.
Hermiyetti, H. (2023). Leveraging fintech innovations to enhance financial management efficiency: a comprehensive analysis of implementation strategies and impact on organizational performance. International Journal of Economic Literature, 1(3), 305-318.
Indrawati, H. (2020). Barriers to technological innovations of SMEs: how to solve them? International Journal of Innovation Science, 12(5), 545-564.
Ivashchenko, A., Britchenko, I., Dyba, M., Polishchuk, Y., Sybirianska, Y., & Vasylyshen, Y. (2018). Fintech platforms in SME’s financing: EU experience and ways of their application in Ukraine. Investment Management & Financial Innovations, 15(3), 83.
Javaid, M., Haleem, A., Singh, R. P., Suman, R., & Khan, S. (2022). A review of Blockchain Technology applications for financial services. BenchCouncil Transactions on Benchmarks, Standards and Evaluations, 2(3), 100073.
Jiang, Y., Wang, X., & Yuen, K. F. (2021). Augmented reality shopping application usage: The influence of attitude, value, and characteristics of innovation. Journal of Retailing and Consumer Services, 63, 102720.
Lee, C.-C., Li, X., Yu, C.-H., & Zhao, J. (2021). Does fintech innovation improve bank efficiency? Evidence from China’s banking industry. International Review of Economics & Finance, 74, 468-483.
Lestari, D., Darma, D., & Muliadi, M. (2020). Fintech and micro, small and medium enterprises development: Special reference to Indonesia. Entrepreneurship Review, 1(1), 1-9.
Lontchi, C. B., Yang, B., & Shuaib, K. M. (2023). Effect of financial technology on SMEs performance in Cameroon amid COVID-19 recovery: The mediating effect of financial literacy. Sustainability, 15(3), 2171.
Lu, L. (2018). Promoting SME finance in the context of the fintech revolution: A case study of the UK's practice and regulation. Banking and Finance Law Review, 317-343.
Maulana, S., Nasution, I. M., Shino, Y., & Panjaitan, A. R. S. (2022). Fintech as a financing solution for micro, small and medium enterprises. Startupreneur Business Digital (SABDA Journal), 1(1), 71-82.
Mangifera, L., Wajdi, F., Amalia, F., & Uswatun Khasah, A. (2022). The Role of Digital Innovation in SMEs: A Financial Performance Perspective. Jurnal Manajemen Universitas Bung Hatta, 17(2), 157-170.
Megersa, K. (2020). Improving SMEs’ access to finance through capital markets and innovative financing instruments: some evidence from developing countries. Nairobi Securities Exchange website: https://www. nse. co. ke.
Messina, P. (2019). Finance for SMEs: Focus on Securitization and Alternative Finance Tools.
Micheni, F. K. (2021). Factors Affecting The Choice Of Mobile Lending Platforms Among Small And Medium Enterprises In Tharaka Nithi County In Kenya Kca University].
Muhtasim, D. A., Tan, S. Y., Hassan, M. A., Pavel, M. I., & Susmit, S. (2022). Customer satisfaction with digital wallet services: an analysis of security factors. International Journal of Advanced Computer Science and Applications, 13(1), 195-206.
Munguti, M. J., & Wamugo, L. (2020). Microfinance credit accessibility and financial performance of small and medium enterprises in Machakos County, Kenya. Integrated Journal of Business and Economics, 4(1), 71-79.
Ndikubwimana, P. (2016). The role of financial institutions in promoting innovation of SMEs in Rwanda: An empirical review. British Journal of Economics, Management & Trade, 14(2), 1-14.
Ndungu, J. M., & Moturi, C. A. (2020). Determinants of mobile Fintech uptake in Kenyan microfinance sector.
Nwankwo, W., Paschal, C. U., Daniel, A., Shaba, S. M., Muyideen, M. O., Nwankwo, C. P., & Wilfred, A. (2022). Integrated Fintech Solutions in Learning Environments in the Post-Covid-19 Era. IUP Journal of Knowledge Management, 20(3).
Ogbonna, K. A., Joy, A., Chukwuma, A., & Ogungbangbe, B. (2024). Fintech and business growth in the banking industry: An outlook from Opay microfinance bank Nigeria limited. Journal of Management and Science, 14(1), 87-91.
Okour, M. K., Chong, C. W., & Abdel Fattah, F. A. M. (2021). Knowledge management systems usage: application of diffusion of innovation theory. Global Knowledge, Memory and Communication, 70(8/9), 756-776.
Owusu, E. (2019). Financing challenges faced by SMEs in Ghana E. Owusu].
Park, E. S., & Park, M. S. (2020). Factors of the technology acceptance model for construction IT. Applied Sciences, 10(22), 8299.
Peter, F., Adegbuyi, O., Olokundun, M., Peter, A. O., Amaihian, A. B., & Ibidunni, A. S. (2018). Government financial support and financial performance of SMEs. Academy of Strategic Management Journal, 17.
Peter, M. K., Kraft, C., & Lindeque, J. (2020). Strategic action fields of digital transformation: An exploration of the strategic action fields of Swiss SMEs and large enterprises. Journal of Strategy and Management, 13(1), 160-180.
Pizzi, S., Corbo, L., & Caputo, A. (2021). Fintech and SMEs sustainable business models: Reflections and considerations for a circular economy. Journal of Cleaner Production, 281, 125217.
Prastiawan, D. I., Aisjah, S., & Rofiaty, R. (2021). The effect of perceived usefulness, perceived ease of use, and social influence on the use of mobile banking through the mediation of attitude toward use. APMBA (Asia Pacific Management and Business Application), 9(3), 243-260.
Rahman, A., Belas, J., Kliestik, T., & Tyll, L. (2017). Collateral requirements for SME loans: empirical evidence from the Visegrad countries. Journal of business economics and management, 18(4), 650-675.
Rajamani, K., Jan, N. A., Subramani, A., & Raj, A. N. (2022). Access to finance: challenges faced by micro, small, and medium enterprises in India. Engineering Economics, 33(1), 73-85.
Reyes-Mercado, P., & Reyes-Mercado, P. (2021). Entrepreneurship in the FinTech Industry. FinTech Strategy: Linking Entrepreneurship, Finance, and Technology, 33-57.
Salampasis, D., & Mention, A.-L. (2018). FinTech: Harnessing innovation for financial inclusion. In Handbook of blockchain, digital finance, and inclusion, volume 2 (pp. 451-461). Elsevier.
Singh, G. (2022). Technology Acceptance Model (TAM) and Use and Adoption of Technology by Small Business Owners in Queens, NY.
Soni, G., Kumar, S., Mahto, R. V., Mangla, S. K., Mittal, M., & Lim, W. M. (2022). A decision-making framework for Industry 4.0 technology implementation: The case of FinTech and sustainable supply chain finance for SMEs. Technological Forecasting and Social Change, 180, 121686.
Sreenu, N. (2024). The influence of fintech and financial knowledge on sustainable business success: exploring the mediating effect of financial accessibility in Indian. Benchmarking: An International Journal.
Tatikonda, V., Venigandla, K., & Vemuri, N. (2022). Transforming customer banking experiences: ai-driven rpa for customized service delivery. International Journal of Development Research, 12, 60674-60677.
Temelkov, Z., & Gogova Samonikov, M. (2018). The need for fintech companies as non-bank financing alternatives for sme in developing economies. International Journal of Information, Business and Management, 10(3), 25-33.
Utami, N., & Sitanggang, M. L. (2021, December). The Effect of Fintech Implementation on The Performance of SMEs. In Journal of International Conference Proceedings (Vol. 4, No. 3, pp. 407-417).
Yoshino, N., & Taghizadeh-Hesary, F. (2018). The role of SMEs in Asia and their difficulties in accessing finance (No. 911). ADBI Working Paper Series.