The study identifies a gap in the existing literature on the impact of FinTech adoption

The gap

Evidence profile

Sourced from the future work and limitations and synthesized and stated research gap of the source papers, classified as general, drawn from work published between 2006 and 2026, spanning 3 journals. Those papers have been cited 2 times in total.

Supporting evidence — 4 representative gaps

• Determinants of Fintech Fundraising in Europe (2026) · Comparative Economic Research Central and Eastern Europe · doi

  Future research could extend this analysis in several directions. First, incorporating broader economic and sustainability-related aspects would align with recent studies that view fintech and related digital innovations through the lens of sustainable development, sectoral structure, and macro-financial performance (Barua et al. 2025; Golder and Barua 2025). Second, it could focus more explicitly on financing technology transfer from universities and public research institutes, including the role of university spin-offs, technology transfer offices, and public–private partnership schemes. This would build on existing literature on barriers to university technology transfer and entrepreneurial ecosystems (Van Roy and Nepelski 2017; Quiñones et al. 2020; Trinugroho et al. 2021). Third, combining firm- and deal-level data on fintech fundraising with regional indicators of knowledge creation and trust in incumbent financial institutions could reveal the micro-level mechanisms behind the country-level patterns documented in this study (Cojoianu et al. 2023). Finally, qualitative research, such as interviews with investors, fintech founders, and regulators in CEE and Western Europe, could provide further insight into how perceived regulatory risk, human capital constraints, and market structure influence strategic decisions regarding fintech investment and expansion (Ruhland and Wiese 2023; Panday, Nyawo, and Vilakazi 2024).

  generalfuture workevidence 5/5
  Keywords: fintech technology transfer level structure financial barua public university future extend several directions first incorporating
• Determinants of Fintech Fundraising in Europe (2026) · Comparative Economic Research Central and Eastern Europe · doi

  A limitation of the analysis is its focus on European countries and the use of annual data spanning 2013 to 2022. Expanding the scope of this study to cover other regions of the world would allow us to ascertain whether the identified relationships are universal or specific to Europe. In particular, including non-European emerging markets could verify whether the stronger substitution effect observed in the CEE countries also arises outside the continent. Moreover, at the time of construct- ing the dataset, several of the most recent GII indicators were not yet available, which constrained the temporal coverage and precision of some innovation measures. Subsequently, it would be use- ful to include additional control variables (e.g., interest rates and digitalisation of the financial sec- tor), as well as results obtained from BIS (Bank of International Settlements) research (Cornelli et al. 2021), analysing how mergers and acquisitions by large banks and large technology compa- nies (BigTechs) affect fintech investment. This would offer a broader perspective and provide bet- ter insights for policymakers, investors, and the fintech sector itself.

  generallimitationsevidence 5/5
  Keywords: european countries whether large fintech limitation focus annual spanning expanding scope cover regions world allow
• TECHNOLOGY TRENDS AND THEIR POSSIBLE IMPLICATIONS ON THE FINANCIAL SERVICES INDUSTRY* (2006) · Economic Papers A journal of applied economics and policy · cited 1× · doi

  No study in this set examines how technology trends (data collection, fintech, digital innovation) affect financial management practices and decision-making within organizations; existing work addresses technology's implications for banking strategy or fintech's disruptive effects on financial institutions, but not its direct impact on how firms manage their finances operationally.

  generalsynthesizedevidence 5/5
  Keywords: study set examines technology trends data collection fintech
• FinTech adoption, credit risk, and banking stability: evidence from Indian banks (2026) · Quality & Quantity · cited 1× · doi

  The study identifies a gap in the existing literature on the impact of FinTech adoption on bank stability. The study notes that prior research has focused on the benefits of FinTech adoption, but has neglected the potential risks. The study aims to address this gap by examining the effects of FinTech on non-performing assets, liquidity, and solvency.

  generalstated research gapevidence 5/5
  Keywords: study identifies gap existing literature impact fintech adoption

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