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The financial sector in advanced economies has undergone significant evolution driven by restructuring, globalization, and the digital revolution, which have profoundly shaped its developmental dynamics. This study investigates the forces behind the growth and convergence of the financial sector...
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economies has been 14.72% and 4.57% respectively. Fintech is expected to capture large amount of the potential value creation in …. As of last year, Fintech companies received 39.7% of the VC funding in the financial sector. The amount of VC dollar into … Fintech has grown at a rate of 35.6% between 2006-2020, twice the rate of growth in the BFSI sector. Notably, six out of 37 …
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Bank lending to SMEs plays a vital role in economic growth, contributing significantly to employment and GDP. Access to bank lending is crucial for small- and medium-sized enterprises (SMEs), as they contribute significantly to global employment and GDP. New financial technologies promise better...
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