Every nation in the world is striving to achieve the Sustainable Development
Goals (SDGs). In keeping with this, a sound global financial system is now required to
fulfill its mandate to encourage the mobilization of private capital for the achievement
of sustainable development and consistent economic growth. The fintech revolution has
significantly altered the financial industry and improved financial inclusion in the
nation by offering digital financial services. Fintech has contributed positively to the
SDGs by providing increased access to funds and financial services, which, in turn, has
resulted in improvised saving opportunities for a large group of people. A wide range
of application developments, comprising blockchain, IoT (the Internet of Things), AI
(artificial intelligence), big data, and mobile platforms, have recently been part of
digital transformation and technological advancement, particularly in the finance
sector. These application developments promised to improve performance in the
financial sector. It becomes clear that financial applications for digital technology can
overcome significant funding challenges for inclusive and sustainable growth. In this
scenario, the chapter provides an overview and in-depth examination of the most recent
advancements in financial technologies (Fintech) that support the SDGs. It also reviews
the significance and effectiveness of fintech in achieving sustainable development
goals like education, health, equality, etc.
Keywords: Digital finance, Fintech, Financial inclusion, Global financial system, Sustainable development goals (SDGs).