The Development of Fintech in Indonesia

DOI

10.2991/assehr.k.200529.139How to use a DOI?

Keywords

fintech, innovation, crowdfunding, micro, small and medium enterprises

Abstract

This study aims to determine the development of financial technology (Fintech) in Indonesia. The research method used is descriptive analysis using quantitative. The data collected is secondary data by the Financial Services Authority (OJK) fintech data. The results showed that there was a high development of financial technology in Indonesia for 18 months (January 2018 - August 2019). The development of fintech in Indonesia shows the progress of financial technology innovation in Indonesia which is very helpful to the community, while the public’s interest to use fintech is large given the high number of borrowers over the past year. The community is so familiar with the benefits and use of fintech because the use of fintech is more efficient and effective compared to other financial services so that people are motivated to use fintech.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Teti Anggita Safitri
PY  - 2020
DA  - 2020/05/04
TI  - The Development of Fintech in Indonesia
BT  - Proceedings of the 1st Borobudur International Symposium on Humanities, Economics and Social Sciences (BIS-HESS 2019)
PB  - Atlantis Press
SP  - 666
EP  - 670
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.200529.139
DO  - 10.2991/assehr.k.200529.139
ID  - Safitri2020
ER  -