Enhancing Financial Inclusion for Gig Workers: A FinTech Perspective
DOI:
https://doi.org/10.55829/hjp1b525Keywords:
Financial inclusion, gig workers, Financial Technology, unbanked population, women gig workers, moonlightingAbstract
The study aims to explore the various banking service options made available to gig workers in India by the Financial Technology (FinTech) platforms that ultimately result in financial inclusion among this stratum of society. The study will also shed some light on how the Financial Technology platforms are catering to both the demand and supply side by bringing the gig workers and their prospective employers on the same platform apart from extending customized financial products as per the needs of the gig workers. The study also touches on the concept of moonlighting as a possible threat to the gig ecosystem. We understand that with the rise in the gig economy, the challenge of providing sustainable financial inclusion is a top priority and the Financial Technology platforms are positively catalyzing financial inclusion among gig workers and the unbanked population in India in new and innovative ways.
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