EconPapers    
Economics at your fingertips  
 

The fintech gender gap

Leonardo Gambacorta, Sharon Chen, Sebastian Doerr, Jon Frost and Hyun Song Shin

No 16270, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: Fintech promises to spur financial inclusion and close the gender gap in access to financial services. Using novel survey data for 28 countries, this paper finds a large ‘fintech gender gap’: while 29% of men use fintech products and services, only 21% of women do. The gap is present in almost every country in our sample. Country characteristics and several individual-level controls explain about a third of the unconditional gap. Gender differences in the willingness to use new financial technology or fintech entrants if they offer cheaper services account for over half of the remaining gap. The paper concludes by suggesting potential explanations for the gender gap and implications for challenges in fostering financial inclusion with new technology.

Keywords: Fintech; Gender; Financial inclusion; Personal data; Privacy (search for similar items in EconPapers)
JEL-codes: E51 J16 O32 (search for similar items in EconPapers)
Date: 2021-06
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://cepr.org/publications/DP16270 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Journal Article: The fintech gender gap (2023) Downloads
Working Paper: The fintech gender gap (2021) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:16270

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP16270

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().

 
Page updated 2025-03-23
Handle: RePEc:cpr:ceprdp:16270