Pengaruh Regulasi dan Kolaborasi Terhadap Literasi Keuangan dalam Upaya Penerapan Financial Technology pada Usaha Kecil dan Menengah

Abstract

Financial technology (fintech) has provided access to many parties who do not have a bank account to enter the formal business sector. The application of fintech is proven to be able to open greater access to formal financial services, encourage economic growth, and inclusive and sustainable development. To support the application of fintech in Indonesia, the purpose of this study is to determine the effect of regulation and collaboration on financial literacy in small and medium businesses in East Java - Indonesia. There are 2 (two) hypotheses from this study, namely regulation has a significant effect on financial literacy and collaboration has a significant effect on financial literacy. This research was conducted through a quantitative approach with a research sample of 148 MSMEs in Surabaya and using technology applications in conducting trade transactions. The analysis technique used is multiple linear regression. The results of this study are that regulation and collaboration have a significant effect on financial literacy. Therefore, this research can help many parties, namely the government, entrepreneurs, and consumers in providing a complete and comprehensive understanding related to financial literacy in small and medium enterprises related to the application of financial technology.