This study aims to examine how the relationship and influence of variables named Facilitating Conditions of Financial Sector, Facilitating Conditions of non Financial Sector, Overall Valuation on Business Climate, and Social Conditions and GDP as a control variable towards the adoption of financial technology across countries using some modifications of the UTAUT framework as novelty. The data were sourced from the Global Financial Inclusion Index, the Global Financial Development Database and the World Development Indicator on the World Bank website in research periods of 2011, 2014, 2017 and 2021 with a total of 500 observations from 125 countries. Panel data econometric techniques employed are pooled least square, fixed effect and random effect model. We find that financial technology adoption is positively associated with the financial sector and overall valuation on business climate. While social conditions have a negative significant effect, the non financial sector has no effect on financial technology adoption. Financial sector intervention through financial technology has become a new instrument which triggers financial growth and helps realize financial inclusion more quickly. Financial inclusion is one element of financial growth and development which is generally measured by the scope and ease of access to financial services in a country.
