IDEAS home Printed from https://ideas.repec.org/a/ids/wremsd/v21y2025i4p1-26.html
   My bibliography  Save this article

Enhancing MSME performance: the role of FinTech literacy, financial literacy and competitive pressure

Author

Listed:
  • I. Gusti Ketut Agung Ulupui
  • Gentiga Muhammad Zairin
  • Febe Dwi Sutanti
  • Hera Khairunnisa
  • Adam Zakaria
  • Septi Nurmalita

Abstract

This study investigates the influence of financial technology literacy, financial literacy and competitive pressure on the performance of Micro, Small and Medium Enterprises (MSMEs) in Jakarta. Data were collected from 77 MSME owners and managers through a structured questionnaire distributed with the assistance of the Jakarta MSME Office (Dinas PPKUKM). The responses were analysed using Partial Least Squares Structural Equation Modelling (PLS-SEM). The results show that financial technology literacy and financial literacy have significant positive effects on MSME performance, while competitive pressure also has a positive but relatively smaller effect. These findings emphasise the importance of strengthening financial capabilities and digital readiness among MSMEs. Practically, the study recommends targeted financial literacy training programs, the provision of simple FinTech adoption toolkits and mentoring initiatives to enhance MSMEs' readiness to compete in dynamic markets.

Suggested Citation

  • I. Gusti Ketut Agung Ulupui & Gentiga Muhammad Zairin & Febe Dwi Sutanti & Hera Khairunnisa & Adam Zakaria & Septi Nurmalita, 2025. "Enhancing MSME performance: the role of FinTech literacy, financial literacy and competitive pressure," World Review of Entrepreneurship, Management and Sustainable Development, Inderscience Enterprises Ltd, vol. 21(4), pages 1-26.
    • Handle: RePEc:ids:wremsd:v:21:y:2025:i:4:p:1-26
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=149096
    Download Restriction: Open Access
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:wremsd:v:21:y:2025:i:4:p:1-26. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=173 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.