Fintech & Financial Inclusion: How the Drivers of Financial Inclusion and Fintech Innovation Impact Women in Developing Regions

Nathalie Hemmen

Student thesis: Master thesis


This study aims at identifying and analysing the drivers for financial inclusion through fintech innovation for women in developing regions. With the lack of financial inclusion remaining a current issue, there is an imminent need to focus more precisely on the specific situation of women in the debate around fintech financial inclusion. As women represent the more disadvantaged and vulnerable group in developing regions, addressing their specific challenges and needs is important but remains neglected. This study therefore analyses the four identified drivers of technology, legislation, accessibility and female empowerment in the two developing regions of Sub-Saharan Africa as well as the Middle East and North Africa in order to see how these drivers influence the financial inclusion process through fintech innovation. The results show that the female empowerment level in a region is most crucial to fintech financial inclusion, but that overall the drivers need to be considered as an ecosystem rather than individually, as they mutually affect each other.

EducationsMSc in Business Administration and E-business, (Graduate Programme) Final Thesis
Publication date2019
Number of pages136