Financial Technology in Financial Inclusions and its Implications on Poverty from Indonesia

Fransiskus Aba; Denise Linardy

doi:10.20944/preprints202111.0061.v1

Preprint Article Version 1 Preserved in Portico This version is not peer-reviewed

Version 1 : Received: 31 October 2021 / Approved: 3 November 2021 / Online: 3 November 2021 (08:17:17 CET)

The goal is to reduce poverty, the method used is a literature study to see the effect of using Financial Technology (Fintech) on financial inclusion, method to see the effect of financial inclusion on poverty. From the results of the tests, the use of Fintech can increase financial inclusion, thereby encouraging poverty alleviation. It can be seen that the Financial Inclusion variable has a significant and negative effect on the poverty variable. This shows that countries that have high levels of financial inclusion are generally estimated to have low poverty rates. Increasing a country's financial inclusion can reduce poverty.

Economic well-being; Poverty alleviation; Quantitative data analysis

Business, Economics and Management, Economics

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Financial Technology in Financial Inclusions and its Implications on Poverty from Indonesia

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