The rapid adoption of mobile money transfer (MMT) in East Africa, and Kenya in particular, is facilitating a nexus of inter-personal financial transfers which has hitherto been the least visible dimension of informal finance. At the same time, the success of capturing these flows into a formal...

Financial inclusion policy has been ignited globally by the rise of money transfer services over mobile telecommunications platforms. Explanations for the success of the leading example in Kenya have focussed on conditions of supply side development and the demand for domestic urban to rural...

Digital financial services have been a key driver of financial inclusion in recent years. While there is evidence that financial inclusion through traditional services has a positive impact on economic growth, do the same results carry over for digital financial inclusion? What drives digital...

Can fintech credit fill the credit gap in the consumer and business segments? There are few cross-country studies that explore this question. Focusing on marketplace lending, an important part of fintech credit, we use data for 109 countries from 2015 to 2017 to study the relationship between...

The digital economy has risen dramatically in the global environment, and many developing countries, including African countries, have seen a spike in digital activity over recent years. The digital economy's growth has resulted in an increase in digital financial services (DFS) in Africa and...