Since the 19th National Congress of the Communist Party of China, the key to rural development has been to solve the problem of rural development. The “three rural issues” is a critical issue for the country’s economy. In addition, the implementation of the Rural Revitalization Strategy under the environment of data financial and economic development can be more convenient and efficient. However, the traditional sensor fusion technology still has the disadvantages of low efficiency and high cost in the application of Rural Revitalization and digital financial economic development model. In order to solve the shortcomings of this technology, this paper proposes a multimodal sensor fusion technology combined with BP neural network (BPNN, a commonly used feedback neural network) and Kalman filter (a linear filtering algorithm), and it constructs a rural economic development model combined with digital finance. This paper uses this technology to study the economic development model. Firstly, the research method is to visit and investigate the residents and basic economic situation of a village and then use the economic development model constructed in this paper to carry out the economic analysis of the BPNN model and Kalman filter model. It includes Mohr scatter diagram, economic income, industrial investment, product export, and household consumption. The results show that the Mohr scatter diagram of the village changes from the third quadrant (−0.7, −0.5) to the first quadrant (−0.7, 0.3); the difference between the economic income calculated by the Kalman filter algorithm and BPNN algorithm and the actual value shall not exceed 10%. The rural industrial investment index increased by 56.08, the product export index increased by 30.11, and the household consumption index increased by 13.10. It shows that the economic development model constructed in this paper has achieved good results.