With the rapid development and transformation of the global economy, digital inclusive finance, as an important direction of new quality productivity, has a profound impact on the traditional mode of financial services and the vitality of regional markets, and provides new impetus and possibilities for the progress of urban technological innovation. Using the data of provincial level from 2011 to 2021, the two-way fixed effect model was used to empirically study the relationship between digital inclusive finance and urban technological innovation, and further analyze its mediating effect from the perspective of industrial structure. The results show that digital inclusive finance significantly promotes urban technological innovation, mainly by improving the industrial structure to enhance the urban innovation capacity. Based on the conclusions, some suggestions are proposed to help further anchor the goal of building a financial power and solidly promote high-quality economic development.