Proceedings of the 2023 Brawijaya International Conference (BIC 2023)

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Does Fintech Lending and E-Money Affect the Indonesian Economy?

Authors
Ladi Wajuba Perdini Fisabilillah1, *, Tony Seno Aji1, Aprillia Nilasari1, Cindy Alifia Pramaisshella1
1Department of Economics, Faculty of Economics and Business, Universitas Negeri Surabaya, Surabaya, Indonesia, 60231
*Corresponding author. Email: ladifisabilillah@unesa.ac.id
Corresponding Author
Ladi Wajuba Perdini Fisabilillah
Available Online 29 October 2024.
DOI
10.2991/978-94-6463-525-6_54How to use a DOI?
Keywords
E-money; Financial Technology; Growth; Peer-to-Peer Lending
Abstract

This study aims to determine the effect of peer-to-peer lending and e-money on Indonesia’s economic growth. This study uses a quantitative approach using quarterly time series data from 2018 to 2021 in the form of Indonesia’s economic growth rate, loan distribution through peer-to-peer lending, and E-money transaction values. The analysis technique uses multiple linear regression with the Ordinary Least Square model. The results of the study show that the peer-to-peer lending variable has a positive influence on Indonesia’s economic growth. Meanwhile, the e-money variable has a negative influence on Indonesia’s economic growth. Meanwhile, through simultaneous testing, it was found that peer-to-peer lending and e-money variables jointly affect Indonesia’s economic growth. These results indicate that the rapid development of peer-to-peer lending accompanied by the development of e-money will have a positive impact on Indonesia’s economic growth.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 Brawijaya International Conference (BIC 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
29 October 2024
ISBN
978-94-6463-525-6
ISSN
2352-5428
DOI
10.2991/978-94-6463-525-6_54How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Ladi Wajuba Perdini Fisabilillah
AU  - Tony Seno Aji
AU  - Aprillia Nilasari
AU  - Cindy Alifia Pramaisshella
PY  - 2024
DA  - 2024/10/29
TI  - Does Fintech Lending and E-Money Affect the Indonesian Economy?
BT  - Proceedings of the 2023 Brawijaya International Conference (BIC 2023)
PB  - Atlantis Press
SP  - 470
EP  - 478
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-525-6_54
DO  - 10.2991/978-94-6463-525-6_54
ID  - Fisabilillah2024
ER  -