Financial and tax impact of fintech in Ecuador Tax burden, liquidity, and solvency influence the profitability (ROA) of Fintech companies in Ecuador.

Abstract

Abstract: This study examines how Fintech companies in Ecuador influence both their financial performance and their tax obligations. Techniques such as quantile regression, Pearson correlation, and contribution analysis were applied, providing a comprehensive view of their profitability and the contribution they make to the tax system. The findings show a diverse panorama: some Fintech companies stand out for their competitiveness, while others face complications derived from excess debt or inefficient management of their liquid assets. In addition, a growth was observed in the tax contribution of these companies, although this does not seem to significantly alter their profitability rates. This situation suggests that in general, they have been able to integrate taxes into their business model. The study emphasizes the importance of implementing regulations that drive financial innovation while ensuring economic soundness and responsible tax compliance. Under these conditions, the Fintech sector could continue to contribute to the country's economic development, while expanding the reach of digital financial services more inclusively.

Keywords: fintech, profitability, tax impact, indebtedness, liquidity.