Financial Technology and Financial Inclusion in Accra, Ghana


  • Jennifred Maurice Adjei School for Development Studies, University of Cape Coast, Cape Coast, Ghana
  • Ronald Osei Mensah Centre for Languages and Liberal Studies, Social Development Section, Takoradi Technical University, Ghana
  • Gifty Britta Aryee Department of Finance, Kwame Nkrumah University of Science and Technology, Kumasi, Ghana



Financial inclusion, financial technology, Ghana, ICT, internet banking, mobile money


This study examined the effect of financial technology on financial inclusion in Accra, Ghana. The research was quantitative and employed the correlational and survey research designs. The simple random sampling technique was used to choose a sample of 353 respondents. Questionnaire were employed as the instrument for gathering primary data from individuals in Accra. Statistical Package for Service Solution version 25 was used as the tool for analysing data. The result of the study was analysed using descriptive statistics and linear regression. The finding was that as a result of the introduction of financial application software, respondents were able to access financial products and services of banks. Additionally, the use of internet banking resulted in more of the respondents being financially included. The use of mobile money services also made more of the respondents to be included financially. It is therefore recommended that charges on mobile money services should be reduced to a minimum that allow people to partake in the services in order to encourage financial inclusion. 


Received: 18 September 2023 / Accepted: 22 October 2023 / Published: 5 November 2023


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How to Cite

Financial Technology and Financial Inclusion in Accra, Ghana. (2023). Journal of International Cooperation and Development, 6(3), 83.