Fintech and Financial Inclusion in the Kingdom of Morocco: Demographics and Socioeconomic Characteristics

Aljandali, Abdulkader ORCID: 0000-0003-0880-6634 and Laaribi, Amal (2024) Fintech and Financial Inclusion in the Kingdom of Morocco: Demographics and Socioeconomic Characteristics. In: Financial Inclusion. Sustainable Development Goals Series, F3730 . Springer Nature, pp. 209-216.

Text 14652 Aljandali, Abdulkader and Laaribi, Amal (2024) Fintech and Financial Inclusion in the Kingdom of Morocco Demographics and Socioeconomic Characteristics.pdf - Published Version Restricted to Repository staff only Available under License All Rights Reserved. Download (278kB)

Abstract

The role of fintech in supporting financial inclusion has gained momentum among international bodies. The UN sustainable development agenda of 2030 and the G20 document on digital financial inclusion key principles both stress the need to use fintech to reduce financial exclusion and to enhance income equality. The debate around financial inclusion has increased in the past 2 years, especially with the crisis of Covid-19. The pandemic accelerated the development of Morocco’s digital financial environment, with government and private firms deploying fintech tools for payments and other financial transactions. This chapter has the following purposes: (1) to review the literature that examines fintech as a driver to financial inclusion, (2) to investigate critical barriers that prevent some segments of the Moroccan population from accessing financial services while giving indicators that reflect financial exclusion, and (3) to shed light on fintech advances and how the Kingdom of Morocco intends to leverage the contribution of fintech firms in the implementation of its National Financial Inclusion Strategy (SNIF). © The Author(s), under exclusive license to Springer Nature Switzerland AG 2024.

Item Type:	Book Section
Uncontrolled Keywords:	Financial exclusion; Financial inclusion; Fintech; MENA; Morocco; North Africa
Subjects:	H Social Sciences > HG Finance H Social Sciences > HJ Public Finance
Divisions:	Schools and Research Institutes > School of Business, Computing and Social Sciences
Depositing User:	Kamila Niekoraniec
Date Deposited:	19 Dec 2024 13:07
Last Modified:	19 Dec 2024 13:15
URI:	https://eprints.glos.ac.uk/id/eprint/14652

University Staff: Request a correction | Repository Editors: Update this record