This research article investigates the impact of fintech, particularly mobile financial services (MFS), on financial inclusion in Bangladesh. Utilizing time-series data spanning from 2004 to 2021, the study constructs an index of financial inclusion (FII) based on three dimensions: penetration, availability and usage. The research reveals that the financial inclusion index in MFS has shown a remarkable increase of approximately 99% in 2021. Despite advancements in the financial sector, many people, especially those residing in rural and underprivileged areas, still lack access to essential banking services. MFS expands banking access through mobile technology, enhancing financial inclusion. The advent of MFS, facilitated by fintech innovations, has revolutionized access to financial services, offering new opportunities for financial inclusion. This study emphasizes the critical role of technology economic prosperity in driving financial inclusion and expanding access to financial services across all segments of the population in Bangladesh.
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