International Journal of Advanced Multidisciplinary Application

Fintech Development and Financial Inclusion: A Comparative Bibliometric Study of BRICS Nations

Author(s):Ajay Yadav, Sushant Yadav, Deepak, Manoj Kumar, Raushan Kumar

Affiliation: Amity University Haryana, India, Indira Gandhi University, Meerpur, Rewari, Haryana, India

Page No: 117-124

Volume issue & Publishing Year: Volume 3, Issue 7, July 2026

published on: 2026/07/11

Journal: International Journal of Advanced Multidisciplinary Application.(IJAMA)

ISSN NO: 3048-9350

DOI:

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Abstract:
This study conducts a systematic bibliometric analysis of fintech development and financial inclusion across BRICS nations Brazil, Russia, India, China, and South Africa. Drawing on a corpus of 247 peer-reviewed articles published between 2013 and 2023 and sourced from Scopus and Web of Science, it maps the intellectual structure, collaborative networks, and thematic evolution of this research domain. Using VOSviewer and the Bibliometrix R-package, four dominant thematic clusters are identified: digital payment infrastructure, mobile banking and access, regulatory and policy frameworks, and fintech ecosystem dynamics. China and India together account for 62 percent of total publication output. The analysis reveals a significant positive correlation between fintech adoption indices and financial inclusion metrics across all five BRICS economies, with heterogeneous moderating effects attributable to regulatory stringency and digital infrastructure maturity. The study concludes with actionable policy recommendations for emerging market economies seeking to leverage fintech for inclusive economic growth.

Keywords: Fintech, Financial Inclusion, BRICS, Bibliometric Analysis, Digital Payments, Mobile Banking, Regulatory Framework.

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