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The Impact of Fintech on Traditional Financial Banking in West Africa

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  • Mohamed Boubacar Emine Dahi
Mohamed Boubacar Emine Dahi
Ecole Superieure Polytechnique of Nouakchott Mauritania Department of Management, Avenue of Sabah city of Sebkha Nouakchott Mauritania
Published in : International Journal of Scientific Research and Management (IJSRM) , Vol. 12 No. 03 (2024)

Published 2024-03-28

Keywords

  • Fintech, Traditional Bank, West Africa , E-Wallet.

Copyright (c) 2024 Mohamed Boubacar, Emine Dahi

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Abstract

Fintech, the convergence of finance and technology, has emerged as a transformative force reshaping the global financial landscape. While its influence is evident across the world, its impact on traditional financial systems in less developed countries remains a subject of exploration and analysis. This paper aims to investigate the multifaceted effects of fintech on traditional financial systems in less developed countries, examining both the opportunities and challenges it presents. Through an examination of various case studies and empirical evidence, this paper seeks to provide insights into the evolving dynamics of financial inclusion, innovation, regulation, and economic growth spurred by fintech in less developed countries.

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