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Fintech's Role in Reshaping Traditional Banking Models Case Study: Fintech Innovation's Effect on Financial Inclusion – Moniepoint in Nigeria

Okunlola, Ibrahim Olajide (2024) Fintech's Role in Reshaping Traditional Banking Models Case Study: Fintech Innovation's Effect on Financial Inclusion – Moniepoint in Nigeria. Masters thesis, Dublin, National College of Ireland.

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Abstract

The scope of the project - This research focuses on exploring the role of fintech innovation in reshaping traditional banking models, focusing on its impact on the financial inclusion considering alliances, partnerships and acquisitions by specifically focusing on operations of Moniepoint in Nigeria.

Objectives of the study - The research has attempted to find out the effectiveness of fintech service provision in driving financial inclusion by partnering with traditional banks. The identification of repercussions of fintech users of Moniepoint regarding innovations, challenges and possible solutions for achieving financial inclusion.

Methodology - In order to execute the study, the primary quantitative method has been taken under consideration by conducting a survey of 80 Nigerian customers from the banking sector. In this context, deductive approach with descriptive design has been taken and proper research, ethics has been followed.

Finding and results - The service of Moniepoint has been potentially providing financially inclusive service to the remote population of Nigeria. However, technical issues, security concerns and limited accessibility are challenges faced by customers of the firm. Overall the Moniepoint is successful in providing financially inclusive service through user experience enhancement, sustainable employment opportunities and connecting reports to town.

Item Type: Thesis (Masters)
Supervisors:
Name
Email
Byrne, Brian
UNSPECIFIED
Subjects: D History General and Old World > DT Africa
H Social Sciences > HG Finance > Banking
H Social Sciences > HG Finance > Financial Services
H Social Sciences > HG Finance > Fintech
T Technology > T Technology (General) > Information Technology > Fintech
Divisions: School of Computing > Master of Science in FinTech
Depositing User: Ciara O'Brien
Date Deposited: 05 Aug 2025 11:08
Last Modified: 05 Aug 2025 11:08
URI: https://norma.ncirl.ie/id/eprint/8430

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