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Inching closer to understanding the digital finance impact question

Thee third edition of the Digital Finance Evidence Gap Map (EGM) has been launched by the FiDA Partnership . While the first edition contained 40 studies, two years on the EGM has almost doubled . Each year, as studies amass, we inch closer to understanding the impact of various digital finance products on low-income users.

The updated EGM now includes 75 studies that test 81 digital finance products and interventions from 26 different countries. There are 14 digital finance products and 32 design and delivery mechanisms with various counts of evidence. A variety of research methodologies are used, with Randomized Control Trials (RCTs) (28%), cross sections (19%), and panels (17%) being the most frequent.

FiDA Partnership
The Mastercard Foundation Partnership for Finance in a Digital Africa (the “Partnership”) is an initiative of the Foundation’s Financial Inclusion Program. The Partnership catalyzes knowledge and insights to promote meaningful financial inclusion in an increasingly digital world. Led and hosted by Caribou Digital, the Partnership works closely with leading organizations and companies across the digital finance space. By aggregating and synthesizing knowledge, conducting research to address key gaps, and identifying implications for the diverse actors working in the space, the Partnership strives to inform decisions with facts, and to accelerate meaningful financial inclusion for people across sub-Saharan Africa.

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