This study examines the role of mobile banking in enhancing financial inclusion and its subsequent effects on poverty alleviation rural areas in Nigeria between 1999 and 2023 using data sourced from World Bank database and United Nations Development Programme (UNDP) and a technique of structural vector autocorrelation (SVAR) model. The results reveal that Fintech solutions in Nigeria, while positively impacting the Multidimensional Poverty Index, may also disrupt low-income areas and reduce demand for advanced solutions. The study proposes a practical approach to poverty alleviation through Fintech solutions, including infrastructure strengthening, digital literacy programmes, regulatory frameworks and tailored financial products, especially in the rural areas of Nigeria