Abstract:This scholarly treatise delves into the transformative role of financial technology (Fintech) in promoting financial inclusion in India, emphasizing its capacity to address the inherent deficiencies of traditional banking systems. India's substantial unbanked demographic and heterogeneous socio-economic landscape provides an unparalleled context for assessing the impact of digital financial services on accessibility. This study meticulously scrutinizes the contributions of pivotal Fintech innovations—including mobile payments, digital lending, Insurtech, and investment platforms—in ameliorating financial exclusion. Emphasis is placed on the extensive utilization of mobile wallets to enhance access to financial services, particularly in rural and underserved regions, alongside the expansion of digital lending platforms that bridge the credit gap for Micro, Small, and Medium Enterprises (MSMEs). Furthermore, the paper explores the role of Insurtech in broadening insurance accessibility for previously marginalized populations, as well as the democratization of investment opportunities through online investment platforms. The investigation also delves into governmental initiatives such as Jan Dhan Yojana, Aadhaar, UPI, and India Stack, which have fostered a conducive environment for the proliferation of Fintech and financial inclusion. Through an exhaustive literature review, secondary data from authoritative sources such as the Reserve Bank of India (RBI) and the World Bank, and case studies of successful Fintech ventures, this research delineates both the opportunities and challenges associated with Fintech adoption. These challenges encompass infrastructural constraints, digital literacy deficits, regulatory complexities, cybersecurity threats, data privacy concerns, and the imperative for robust consumer protection mechanisms. The paper culminates in strategic policy recommendations to foster sustainable and inclusive Fintech development while ensuring financial stability and consumer welfare.

Keywords:Financial Technology Financial Inclusion Sustainable Development Digital Banking Online Banking

| DOI: 10.17148/IARJSET.2025.12127