Author
Listed:
- EZINWA Chibunna Iroakazi
(Doctoral Scholar, Ballsbridge University, Commonwealth of Dominica, West Indies)
- BELLO Sunday Ade
(Visiting Professor of Management, Entrepreneurship, and Leadership; Ballsbridge University, Commonwealth of Dominica, West Indies)
Abstract
This study examines how fintech affects financial inclusion in Southern Nigeria, with a particular emphasis on improving underbanked and unbanked communities’ access to financial services. The study used a mixed methods approach, integrating qualitative interviews and quantitative surveys done throughout the states of Anambra, Lagos, and Rivers. The results show that, especially for younger, tech-savvy people, fintech has greatly increased access to banking services, savings, credit, and investment opportunities. Disparities between urban and rural areas still exist, nevertheless, with rural areas struggling because of a lack of adequate digital infrastructure. Significant obstacles to wider adoption include worries about security and trust. To address security issues and foster consumer trust, the study suggests that government agencies, regulatory bodies, and fintech companies work together to enhance digital infrastructure in rural areas and create regulatory frameworks. To guarantee that every demographic can take full advantage of fintech innovations, financial literacy initiatives must be expanded.
Suggested Citation
EZINWA Chibunna Iroakazi & BELLO Sunday Ade, 2025.
"The Impact of Fintech on Financial Inclusion in Southern Nigeria,"
International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(2), pages 256-273, February.
Handle:
RePEc:bcp:journl:v:9:y:2025:i:2:p:256-273
Download full text from publisher
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:bcp:journl:v:9:y:2025:i:2:p:256-273. 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.
We have no bibliographic references for this item. You can help adding them by using 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: Dr. Pawan Verma (email available below). General contact details of provider: https://rsisinternational.org/journals/ijriss/ .
Please note that corrections may take a couple of weeks to filter through
the various RePEc services.