Year in Review 2024: ReFinD Highlights

2024 Year in Review

Year in Review 2024: ReFinD Highlights What happened in 2024, as seen on ReFinD News. As we begin a new year, we take a moment to reflect on the remarkable achievements of 2024—a year filled with progress, partnerships, and impactful research that brought us closer to our mission of advancing financial inclusion. From fostering new collaborations to generating evidence that informs policy and practice, ReFinD has continued to play a pivotal role in shaping the financial systems of tomorrow. Here is our roundup of the stories worth

New study finds randomized entry of mobile money vendors drives multi-level improvements in Ghana’s markets

New study finds randomized entry of mobile money vendors drives multi-level improvements in Ghana’s markets

Photo: Nipah Dennis Source: Getty Images 

A new study co-funded by ReFinD reveals that the randomised entry of mobile money vendors into Ghana’s local markets leads to significant improvements in firm conduct, service quality, and a decrease in price-cost markups, benefiting consumers. The research also provides evidence of within-market revenue reallocation, a 20% increase in revenues for non-financial goods and services, and overall growth in the service industry.