Title: Determinants of FinTech-based financial literacy of micro, small, and medium enterprises

Authors: Marcellia Susan; Jacinta Winarto; Ika Gunawan

Addresses: Faculty of Business, Maranatha Christian University, Bandung, West Java, Indonesia ' Faculty of Business, Maranatha Christian University, Bandung, West Java, Indonesia ' Faculty of Business, Maranatha Christian University, Bandung, West Java, Indonesia

Abstract: Information technology development currently provides significant changes in various business sectors, both domestic and global coverage. Financial technology (FinTech) services in Indonesia target people who need funds but are not served by banks. The study aims to analyse the financial literacy of micro, small, and medium enterprises (MSMEs), specifically related to FinTech services. Primary data were obtained from MSMEs in West Java, Indonesia, and then processed to confirm financial literacy determinants. The study contributes and reveals that MSMEs owners/managers' financial literacy is determined by financial information provided by the media.

Keywords: financial literacy; financial technology; micro, small, and medium enterprises; MSMEs.

DOI: 10.1504/IJEPEE.2024.142472

International Journal of Economic Policy in Emerging Economies, 2024 Vol.20 No.3/4, pp.325 - 332

Received: 15 Jun 2021
Accepted: 10 Dec 2021
Published online: 04 Nov 2024 *

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