Exploring the impact of FinTech on sustainable development in Malaysia: an interpretative phenomenological analysis
Abstract This study explores the cognitive and motivational factors influencing the innovative behaviors of Malaysian FinTech entrepreneurs and their contributions to the Sustainable Development Goals (SDGs), particularly in financial inclusion and economic growth. Using Interpretative Phenomenologi...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Springer
2025-05-01
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| Series: | Discover Sustainability |
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| Online Access: | https://doi.org/10.1007/s43621-025-01205-w |
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| author | Masrina Nadia Mohd Salleh Shaliza Alwi Herwina Rosnan Norwazli Abdul Wahab |
| author_facet | Masrina Nadia Mohd Salleh Shaliza Alwi Herwina Rosnan Norwazli Abdul Wahab |
| author_sort | Masrina Nadia Mohd Salleh |
| collection | DOAJ |
| description | Abstract This study explores the cognitive and motivational factors influencing the innovative behaviors of Malaysian FinTech entrepreneurs and their contributions to the Sustainable Development Goals (SDGs), particularly in financial inclusion and economic growth. Using Interpretative Phenomenological Analysis (IPA), it examines the lived experiences of five entrepreneurs through semi-structured interviews and thematic analysis. The findings highlight how cognitive and affective factors shape decision-making, resilience, and adaptability in a rapidly evolving industry. This research links FinTech entrepreneurship to SDG 8 (Decent Work and Economic Growth), SDG 9 (Industry, Innovation, and Infrastructure), and SDG 10 (Reduced Inequality), underscoring its role in financial accessibility and sustainable development. It fills a gap in the literature by examining internal cognitive factors that drive innovation. The insights provide policymakers, educators, and industry stakeholders with strategies to foster a supportive FinTech ecosystem. Future research should explore the interactions between technology, regulations, and entrepreneurship, as well as cultural and regional differences. Longitudinal studies could track evolving cognitive and motivational influences. Examining global trends such as AI, blockchain, digital currencies, and ESG integration may further illuminate sustainable growth opportunities in Malaysia’s FinTech sector. |
| format | Article |
| id | doaj-art-4b7fd0295c2047c9b51b83533180d400 |
| institution | OA Journals |
| issn | 2662-9984 |
| language | English |
| publishDate | 2025-05-01 |
| publisher | Springer |
| record_format | Article |
| series | Discover Sustainability |
| spelling | doaj-art-4b7fd0295c2047c9b51b83533180d4002025-08-20T02:15:01ZengSpringerDiscover Sustainability2662-99842025-05-016111610.1007/s43621-025-01205-wExploring the impact of FinTech on sustainable development in Malaysia: an interpretative phenomenological analysisMasrina Nadia Mohd Salleh0Shaliza Alwi1Herwina Rosnan2Norwazli Abdul Wahab3Fakulti Ekonomi Dan Pengurusan, UKMArshad Ayub Graduate Business School, UiTMArshad Ayub Graduate Business School, UiTMFakulti of Industrial Management, UMPSAAbstract This study explores the cognitive and motivational factors influencing the innovative behaviors of Malaysian FinTech entrepreneurs and their contributions to the Sustainable Development Goals (SDGs), particularly in financial inclusion and economic growth. Using Interpretative Phenomenological Analysis (IPA), it examines the lived experiences of five entrepreneurs through semi-structured interviews and thematic analysis. The findings highlight how cognitive and affective factors shape decision-making, resilience, and adaptability in a rapidly evolving industry. This research links FinTech entrepreneurship to SDG 8 (Decent Work and Economic Growth), SDG 9 (Industry, Innovation, and Infrastructure), and SDG 10 (Reduced Inequality), underscoring its role in financial accessibility and sustainable development. It fills a gap in the literature by examining internal cognitive factors that drive innovation. The insights provide policymakers, educators, and industry stakeholders with strategies to foster a supportive FinTech ecosystem. Future research should explore the interactions between technology, regulations, and entrepreneurship, as well as cultural and regional differences. Longitudinal studies could track evolving cognitive and motivational influences. Examining global trends such as AI, blockchain, digital currencies, and ESG integration may further illuminate sustainable growth opportunities in Malaysia’s FinTech sector.https://doi.org/10.1007/s43621-025-01205-wFinTechEntrepreneurshipInnovationFinancial inclusionSustainable development goalsInterpretative phenomenological analysis |
| spellingShingle | Masrina Nadia Mohd Salleh Shaliza Alwi Herwina Rosnan Norwazli Abdul Wahab Exploring the impact of FinTech on sustainable development in Malaysia: an interpretative phenomenological analysis Discover Sustainability FinTech Entrepreneurship Innovation Financial inclusion Sustainable development goals Interpretative phenomenological analysis |
| title | Exploring the impact of FinTech on sustainable development in Malaysia: an interpretative phenomenological analysis |
| title_full | Exploring the impact of FinTech on sustainable development in Malaysia: an interpretative phenomenological analysis |
| title_fullStr | Exploring the impact of FinTech on sustainable development in Malaysia: an interpretative phenomenological analysis |
| title_full_unstemmed | Exploring the impact of FinTech on sustainable development in Malaysia: an interpretative phenomenological analysis |
| title_short | Exploring the impact of FinTech on sustainable development in Malaysia: an interpretative phenomenological analysis |
| title_sort | exploring the impact of fintech on sustainable development in malaysia an interpretative phenomenological analysis |
| topic | FinTech Entrepreneurship Innovation Financial inclusion Sustainable development goals Interpretative phenomenological analysis |
| url | https://doi.org/10.1007/s43621-025-01205-w |
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