IDEAS home Printed from https://ideas.repec.org/p/rza/ersawp/893.html

Financial inclusion effects of engaging with the fintech ecosystem

Author

Listed:
  • Odongo Kodongo

Abstract

No abstract is available for this item.

Suggested Citation

  • Odongo Kodongo, 2024. "Financial inclusion effects of engaging with the fintech ecosystem," ERSA Working Paper Series 893, Economic Research Southern Africa.
    • Handle: RePEc:rza:ersawp:893
    as

    Download full text from publisher

    File URL: https://ersawps.org/index.php/working-paper-series/article/view/5
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Pascaline Dupas & Dean Karlan & Jonathan Robinson & Diego Ubfal, 2018. "Banking the Unbanked? Evidence from Three Countries," American Economic Journal: Applied Economics, American Economic Association, vol. 10(2), pages 257-297, April.
    2. Michael Callen & Suresh de Mel & Craig McIntosh & Christopher Woodruff, 2019. "What Are the Headwaters of Formal Savings? Experimental Evidence from Sri Lanka," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 86(6), pages 2491-2529.
    3. Grohmann, Antonia & Klühs, Theres & Menkhoff, Lukas, 2018. "Does financial literacy improve financial inclusion? Cross country evidence," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 111, pages 84-96.
    4. Arthur Lewbel, 2012. "Using Heteroscedasticity to Identify and Estimate Mismeasured and Endogenous Regressor Models," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 30(1), pages 67-80.
    5. Peter J. Morgan, 2022. "Fintech and Financial Inclusion in Southeast Asia and India," Asian Economic Policy Review, Japan Center for Economic Research, vol. 17(2), pages 183-208, July.
    6. Valentina Brailovskaya & Pascaline Dupas & Jonathan Robinson, 2024. "Is Digital Credit Filling a Hole or Digging a Hole? Evidence from Malawi," The Economic Journal, Royal Economic Society, vol. 134(658), pages 457-484.
    7. Pengpeng Yue & Aslihan Gizem Korkmaz & Zhichao Yin & Haigang Zhou, 2022. "The rise of digital finance: Financial inclusion or debt trap," Papers 2201.09221, arXiv.org.
    8. Simone Schaner, 2017. "The Cost of Convenience?: Transaction Costs, Bargaining Power, and Savings Account Use in Kenya," Journal of Human Resources, University of Wisconsin Press, vol. 52(4), pages 919-945.
    9. Somville, Vincent & Vandewalle, Lore, 2023. "Access to banking, savings and consumption smoothing in rural India," Journal of Public Economics, Elsevier, vol. 223(C).
    10. Benston, George J & Smith, Clifford W, Jr, 1976. "A Transactions Cost Approach to the Theory of Financial Intermediation," Journal of Finance, American Finance Association, vol. 31(2), pages 215-231, May.
    11. Felipe Dizon & Erick Gong & Kelly Jones, 2020. "The Effect of Promoting Savings on Informal Risk Sharing: Experimental Evidence from Vulnerable Women in Kenya," Journal of Human Resources, University of Wisconsin Press, vol. 55(3), pages 963-998.
    12. Munyegera, Ggombe Kasim & Matsumoto, Tomoya, 2016. "Mobile Money, Remittances, and Household Welfare: Panel Evidence from Rural Uganda," World Development, Elsevier, vol. 79(C), pages 127-137.
    13. Franklin Allen & Elena Carletti & Robert Cull & Jun QJ Qian & Lemma Senbet & Patricio Valenzuela, 2021. "Improving Access to Banking: Evidence from Kenya [A matter of experience? Understanding the decline in group lending]," Review of Finance, European Finance Association, vol. 25(2), pages 403-447.
    14. Platteau, Jean-Philippe & De Bock, Ombeline & Gelade, Wouter, 2017. "The Demand for Microinsurance: A Literature Review," World Development, Elsevier, vol. 94(C), pages 139-156.
    15. Chen, Shengqi & Zhang, Hong, 2021. "Does digital finance promote manufacturing servitization: Micro evidence from China," International Review of Economics & Finance, Elsevier, vol. 76(C), pages 856-869.
    16. Karlan, Dean & Kendall, Jake & Mann, Rebecca & Pande, Rohini & Suri, Tavneet & Zinman, Jonathan, 2016. "Research and Impacts of Digital Financial Services," Working Paper Series 16-037, Harvard University, John F. Kennedy School of Government.
    17. Ayse Demir & Vanesa Pesqué-Cela & Yener Altunbas & Victor Murinde, 2022. "Fintech, financial inclusion and income inequality: a quantile regression approach," The European Journal of Finance, Taylor & Francis Journals, vol. 28(1), pages 86-107, January.
    18. Madestam, Andreas, 2014. "Informal finance: A theory of moneylenders," Journal of Development Economics, Elsevier, vol. 107(C), pages 157-174.
    19. Eivor Oborn & Michael Barrett & Wanda Orlikowski & Anna Kim, 2019. "Trajectory Dynamics in Innovation: Developing and Transforming a Mobile Money Service Across Time and Place," Organization Science, INFORMS, vol. 30(5), pages 1097-1123, September.
    20. Sergio P. Firpo & Nicole M. Fortin & Thomas Lemieux, 2018. "Decomposing Wage Distributions Using Recentered Influence Function Regressions," Econometrics, MDPI, vol. 6(2), pages 1-40, May.
    21. Grishchenko, Natalia, 2020. "The gap not only closes: Resistance and reverse shifts in the digital divide in Russia," Telecommunications Policy, Elsevier, vol. 44(8).
    22. Bollaert, Helen & Lopez-de-Silanes, Florencio & Schwienbacher, Armin, 2021. "Fintech and access to finance," Journal of Corporate Finance, Elsevier, vol. 68(C).
    23. William Jack & Tavneet Suri, 2014. "Risk Sharing and Transactions Costs: Evidence from Kenya's Mobile Money Revolution," American Economic Review, American Economic Association, vol. 104(1), pages 183-223, January.
    24. Prina, Silvia, 2015. "Banking the poor via savings accounts: Evidence from a field experiment," Journal of Development Economics, Elsevier, vol. 115(C), pages 16-31.
    25. Diana Kangwa & Joseph Thokozani Mwale & Junaid M. Shaikh, 2020. "Co-Evolutionary Dynamics Of Financial Inclusion Of Generation Z In A Sub-Saharan Digital Financial Ecosystem," Copernican Journal of Finance & Accounting, Uniwersytet Mikolaja Kopernika, vol. 9(4), pages 27-50.
    26. Sebastian Edwards & Simon Johnson & David N. Weil, 2016. "African Successes, Volume III: Modernization and Development," NBER Books, National Bureau of Economic Research, Inc, number afri14-3.
    27. Kass-Hanna, Josephine & Lyons, Angela C. & Liu, Fan, 2022. "Building financial resilience through financial and digital literacy in South Asia and Sub-Saharan Africa," Emerging Markets Review, Elsevier, vol. 51(PA).
    28. Abhijit Banerjee & Dean Karlan & Jonathan Zinman, 2015. "Six Randomized Evaluations of Microcredit: Introduction and Further Steps," American Economic Journal: Applied Economics, American Economic Association, vol. 7(1), pages 1-21, January.
    29. Ghosh, Saibal, 2021. "How important is trust in driving financial inclusion?," Journal of Behavioral and Experimental Finance, Elsevier, vol. 30(C).
    30. Huan Tang, 2019. "Peer-to-Peer Lenders Versus Banks: Substitutes or Complements?," The Review of Financial Studies, Society for Financial Studies, vol. 32(5), pages 1900-1938.
    31. Constantin Johnen & Martin Parlasca & Oliver Mußhoff, 2021. "Promises and pitfalls of digital credit: Empirical evidence from Kenya," PLOS ONE, Public Library of Science, vol. 16(7), pages 1-14, July.
    32. P. K. Senyo & Stan Karanasios & Daniel Gozman & Melissa Baba, 2022. "FinTech ecosystem practices shaping financial inclusion: the case of mobile money in Ghana," European Journal of Information Systems, Taylor & Francis Journals, vol. 31(1), pages 112-127, January.
    33. Yue, Pengpeng & Korkmaz, Aslihan Gizem & Yin, Zhichao & Zhou, Haigang, 2022. "The rise of digital finance: Financial inclusion or debt trap?," Finance Research Letters, Elsevier, vol. 47(PA).
    34. Lee, In & Shin, Yong Jae, 2018. "Fintech: Ecosystem, business models, investment decisions, and challenges," Business Horizons, Elsevier, vol. 61(1), pages 35-46.
    35. Imran Gulamhuseinwala & Thomas Bull & Steven Lewis, 2015. "FinTech is gaining traction and young, high-income users are the early adopters," Journal of Financial Perspectives, EY Global FS Institute, vol. 3(3), pages 16-23.
    36. Karthik Muralidharan & Paul Niehaus & Sandip Sukhtankar, 2016. "Building State Capacity: Evidence from Biometric Smartcards in India," American Economic Review, American Economic Association, vol. 106(10), pages 2895-2929, October.
    37. Asli Demirguc-Kunt & Leora Klapper, 2013. "Measuring Financial Inclusion: Explaining Variation in Use of Financial Services across and within Countries," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 44(1 (Spring), pages 279-340.
    38. Fernando Rios-Avila, 2020. "Recentered influence functions (RIFs) in Stata: RIF regression and RIF decomposition," Stata Journal, StataCorp LLC, vol. 20(1), pages 51-94, March.
    39. Stix, Helmut, 2013. "Why do people save in cash? Distrust, memories of banking crises, weak institutions and dollarization," Journal of Banking & Finance, Elsevier, vol. 37(11), pages 4087-4106.
    40. Zarifis, Alex & Cheng, Xusen, 2022. "A model of trust in Fintech and trust in Insurtech: How Artificial Intelligence and the context influence it," Journal of Behavioral and Experimental Finance, Elsevier, vol. 36(C).
    41. Yang, Tong & Zhang, Xun, 2022. "FinTech adoption and financial inclusion: Evidence from household consumption in China," Journal of Banking & Finance, Elsevier, vol. 145(C).
    42. Xavier Gine & Jessica Goldberg & Dean Yang, 2012. "Credit Market Consequences of Improved Personal Identification: Field Experimental Evidence from Malawi," American Economic Review, American Economic Association, vol. 102(6), pages 2923-2954, October.
    43. Pascaline Dupas & Jonathan Robinson, 2013. "Savings Constraints and Microenterprise Development: Evidence from a Field Experiment in Kenya," American Economic Journal: Applied Economics, American Economic Association, vol. 5(1), pages 163-192, January.
    44. World Bank, 2014. "Global Financial Development Report 2014 : Financial Inclusion," World Bank Publications - Books, The World Bank Group, number 16238, April.
    45. Husam Rjoub & Tomiwa Sunday Adebayo & Dervis Kirikkaleli, 2023. "Blockchain technology-based FinTech banking sector involvement using adaptive neuro-fuzzy-based K-nearest neighbors algorithm," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 9(1), pages 1-23, December.
    46. Riley, Emma, 2018. "Mobile money and risk sharing against village shocks," Journal of Development Economics, Elsevier, vol. 135(C), pages 43-58.
    47. Ghosh, Saibal & Vinod, D., 2017. "What Constrains Financial Inclusion for Women? Evidence from Indian Micro data," World Development, Elsevier, vol. 92(C), pages 60-81.
    48. Allen, Franklin & Demirguc-Kunt, Asli & Klapper, Leora & Martinez Peria, Maria Soledad, 2016. "The foundations of financial inclusion: Understanding ownership and use of formal accounts," Journal of Financial Intermediation, Elsevier, vol. 27(C), pages 1-30.
    49. Theodor Florian Cojoianu & Gordon L. Clark & Andreas G. F. Hoepner & Vladimir Pažitka & Dariusz Wójcik, 2021. "Fin vs. tech: are trust and knowledge creation key ingredients in fintech start-up emergence and financing?," Small Business Economics, Springer, vol. 57(4), pages 1715-1731, December.
    50. Asli Demirguc-Kunt & Leora Klapper, 2013. "Measuring Financial Inclusion: Explaining Variation in Use of Financial Services across and within Countries," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 46(1 (Spring), pages 279-340.
    51. Pierre Bachas & Paul Gertler & Sean Higgins & Enrique Seira, 2018. "Digital Financial Services Go a Long Way: Transaction Costs and Financial Inclusion," AEA Papers and Proceedings, American Economic Association, vol. 108, pages 444-448, May.
    52. Ankita Das & Debabrata Das, 2020. "Perception, Adoption, and Pattern of Usage of FinTech Services by Bank Customers: Evidences from Hojai District of Assam," Emerging Economy Studies, International Management Institute, vol. 6(1), pages 7-22, May.
    53. N'dri, Lasme Mathieu & Kakinaka, Makoto, 2020. "Financial inclusion, mobile money, and individual welfare: The case of Burkina Faso," Telecommunications Policy, Elsevier, vol. 44(3).
    54. Kyung-ha Kim, 2020. "The role of mobile money in improving the financial inclusion of Nairobi’s urban poor," African Journal of Science, Technology, Innovation and Development, Taylor & Francis Journals, vol. 12(7), pages 855-865, November.
    55. Daniela Gabor & Sally Brooks, 2017. "The digital revolution in financial inclusion: international development in the fintech era," New Political Economy, Taylor & Francis Journals, vol. 22(4), pages 423-436, July.
    56. Sergio Firpo & Cristine Pinto, 2016. "Identification and Estimation of Distributional Impacts of Interventions Using Changes in Inequality Measures," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 31(3), pages 457-486, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. repec:rza:wpaper:893 is not listed on IDEAS
    2. Kodongo, Odongo, 2024. "Financial inclusion effects of engaging with the fintech ecosystem," International Review of Economics & Finance, Elsevier, vol. 96(PB).
    3. Kodongo, Odongo, 2023. "Does the fintech ecosystem promote effective financial inclusion in Kenya?," KBA Centre for Research on Financial Markets and Policy Working Paper Series 70, Kenya Bankers Association (KBA).
    4. Singh, Nirvikar, 2018. "Financial Inclusion: Concepts, Issues and Policies for India," Santa Cruz Department of Economics, Working Paper Series qt98p5m37s, Department of Economics, UC Santa Cruz.
    5. Ojah, Kalu & Kodongo, Odongo, 2024. "Effective financial inclusion and the need to put the horse before the cart: Saving!," International Review of Financial Analysis, Elsevier, vol. 96(PB).
    6. Grohmann, Antonia & Klühs, Theres & Menkhoff, Lukas, 2018. "Does financial literacy improve financial inclusion? Cross country evidence," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 111, pages 84-96.
    7. E. Bonhoure & R. Bawack, 2024. "Review of the Coverage of Financial Inclusion Research Since the Implementation of the Sustainable Development Goals: What Has Changed?," Post-Print hal-04828293, HAL.
    8. Pierre Bachas & Paul Gertler & Sean Higgins & Enrique Seira, 2021. "How Debit Cards Enable the Poor to Save More," Journal of Finance, American Finance Association, vol. 76(4), pages 1913-1957, August.
    9. Gallego-Losada, María-Jesús & Montero-Navarro, Antonio & García-Abajo, Elisa & Gallego-Losada, Rocío, 2023. "Digital financial inclusion. Visualizing the academic literature," Research in International Business and Finance, Elsevier, vol. 64(C).
    10. Beck,Thorsten & Cull,Robert J. & Mare,Davide Salvatore & Valenzuela,Patricio, 2023. "Banking in Africa : Opportunities and Challenges in Volatile Times," Policy Research Working Paper Series 10632, The World Bank.
    11. Arouna Kouandou, 2026. "The role of mobile banking in coping with food insecurity in Burkina Faso," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 18(2), pages 559-580, April.
    12. Constantin Johnen & Oliver Mußhoff, 2023. "Digital credit and the gender gap in financial inclusion: Empirical evidence from Kenya," Journal of International Development, John Wiley & Sons, Ltd., vol. 35(2), pages 272-295, March.
    13. Haibo Lei & Qin Su, 2023. "Does the Use of Digital Finance Affect Household Farmland Transfer-Out?," Sustainability, MDPI, vol. 15(16), pages 1-18, August.
    14. Ma, Yechi & Ding, Yibing & Bu, Ziwen & Li, Suyang, 2024. "Political freedom and financial inclusion: Unraveling social trust and political rent-seeking," Journal of Economic Behavior & Organization, Elsevier, vol. 220(C), pages 46-65.
    15. Johnen, Constantin & Mader, Anna & Nsengumuremyi, Albert & Mußhoff, Oliver, 2025. "Financial inclusion along the Rural-Urban Continuum: Empirical evidence from a decomposition analysis in Kenya between 2012 and 2021," World Development, Elsevier, vol. 194(C).
    16. Cull, Robert J. & Foster, Vivien & Jolliffe, Dean Mitchell & Lederman, Daniel & Mare, Davide Salvatore & Veerappan, Malarvizhi, 2023. "Digital Payments and the COVID-19 Shock : The Role of Preexisting Conditions in Banking, Infrastructure, Human Capabilities, and Digital Regulation," Policy Research Working Paper Series 10603, The World Bank.
    17. Giulia Bettin & Claudia Pigini & Alberto Zazzaro, 2020. "Financial inclusion and poverty transitions: an empirical analysis for Italy," Mo.Fi.R. Working Papers 164, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
    18. Marcelin, Isaac & Sun, Wei, 2025. "Financial inclusion, inequality, and retirement trends among older workers," Global Finance Journal, Elsevier, vol. 66(C).
    19. N'dri, Lasme Mathieu & Kakinaka, Makoto, 2020. "Financial inclusion, mobile money, and individual welfare: The case of Burkina Faso," Telecommunications Policy, Elsevier, vol. 44(3).
    20. Koranteng, Barbara & You, Kefei, 2025. "Does P2P lending promote the traditional bank-based financial inclusion? Spatial evidence from 34 developing economies," Research in International Business and Finance, Elsevier, vol. 77(PB).
    21. Kass-Hanna, Josephine & Lyons, Angela C. & Liu, Fan, 2022. "Building financial resilience through financial and digital literacy in South Asia and Sub-Saharan Africa," Emerging Markets Review, Elsevier, vol. 51(PA).

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rza:ersawp:893. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Maggi Sigg (email available below). General contact details of provider: https://ersawps.org/index.php/working-paper-series/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.