The research aims to study the role of financial technology as one of the tools of the industrial revolution in the development of financial and banking services in the Egyptian and Arab business environment, and to achieve this goal, the researcher formulated a set of assumptions, perhaps the most important of which is " there is no statistically significant impact of financial technology on the development of financial and banking services "and also" there is no statistically significant impact of financial technology positively on the process of financial inclusion", and to test these assumptions, a set of statistical methods were used to serve the preparation of a field study in order to achieve research purposes, and that study resulted in a set of results, the most important of which were there is a significant effect Statistics of financial technology in the improvement and development of financial and banking services and the economic work environment through the provision of innovative tools of digital financial services, which leads to an increase in the funds available for lending and through lending platforms, which contributes to the financing of small and medium enterprises. Considering these results, a set of recommendations was presented that the researcher hopes to contribute to maximizing the benefits of financial technology for companies, banks, and organizations and directing financial information flows toward further development in this field with the need to establish regulations and laws to hedge the risks associated with digital transformation and applications of financial technology.