Preprint Article Version 1 Preserved in Portico This version is not peer-reviewed

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

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

How to cite: Aba, F.; Linardy, D. Financial Technology in Financial Inclusions and its Implications on Poverty from Indonesia. Preprints 2021, 2021110061 (doi: 10.20944/preprints202111.0061.v1). Aba, F.; Linardy, D. Financial Technology in Financial Inclusions and its Implications on Poverty from Indonesia. Preprints 2021, 2021110061 (doi: 10.20944/preprints202111.0061.v1).

Abstract

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.

Keywords

Economic well-being; Poverty alleviation; Quantitative data analysis

Subject

SOCIAL SCIENCES, Economics

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