Publication Details
Abstract
This paper examines the transformative role of financial technology (fintech) in revolutionizing logistics financing, highlighting how innovative financial solutions are reshaping the way logistics companies access capital and manage financial operations. As the logistics industry faces increasing pressure to optimize efficiency and reduce costs, traditional financing methods often fall short in meeting the dynamic needs of logistics providers. Fintech solutions, such as blockchain technology, peer-to-peer lending, and supply chain finance platforms, offer more flexible, transparent, and efficient financing options. This study employs a mixed-methods approach, combining quantitative analysis of fintech adoption in logistics financing with qualitative insights from industry experts and stakeholders. The findings reveal that fintech has significantly improved access to financing, streamlined payment processes, and enhanced supply chain visibility, ultimately contributing to increased operational efficiency. However, challenges such as regulatory compliance, cybersecurity risks, and the need for digital literacy among logistics professionals persist. The paper concludes with recommendations for leveraging fintech to enhance logistics financing while addressing existing barriers to adoption, thus fostering sustainable growth in the logistics sector.