Introduction. The impact of financial innovation is reflected in many aspects that best can be highlighted through the benefits and disadvantages of creating, implementing and using innovative financial products and services
Aim of the study. The paper tries to analyze the implications of financial innovation on a company financial management starting with a synthesis of the ways of financing a company. The differences between these ways have significant importance on how financial innovation has an impact. Another essential issue is highlighted by the characteristics and the typology of instruments issued by financial innovation.
Keywords: financial innovation, financial management, functions of financial services
JEL Classification: G21, G22, G31
