Fintech and Young Adult Consumers

Given the importance of fintech and it's relevance to young adults, this study aimed to investigate young adults' FL and to identify the level and influence of fintech on the behaviour of young consumers aged 17 to 24 years old. To achieve this aim, the project had the following objectives: to determine the association between FL and fintech adoption among young people and to understand variables that could play a role in young people's fintech adoption. Through an inductive review approach, we conducted a content analysis to uncover findings regarding the influence of fintech on young individuals. This summary report has identified several themes such the association between financial literacy and the adoption of fintech, young people's inclination to use fintech and parents' role in financial literacy.