IDEAS home Printed from https://ideas.repec.org/h/spr/advbcp/978-94-6463-328-3_14.html

Financial Technology (Peer-to-Peer Lending): Efficiency and Effect on Economic Growth in Indonesia

In: Proceedings of the 1st Bengkulu International Conference on Economics, Management, Business and Accounting (BICEMBA 2023)

Author

Listed:
  • Ririn Nopiah

    (Bengkulu University, Faculty of Economics and Business)

  • Ratu Eva Febriani

    (Bengkulu University, Faculty of Economics and Business)

  • Antoni Sitorus

    (Bengkulu University, Faculty of Economics and Business)

Abstract

The transformation of the digitalization era has experienced rapid growth, especially in the financial services industry, since the emergence of the Covid-19 pandemic in Indonesia. The advances have created Financial Technology (FinTech) through a digital system known as Peer-to-Peer (P2P) Lending, which is in great demand by the public. However, the magnitude of risk management has an efficiency level that needs to be analyzed, and the multiplier effect of promoting economic growth should also be investigated. This study aims to analyze the efficiency level of FinTech P2P lending and the effect on regional economic growth from 2019 to 2022. The results show that P2P lending will be relatively efficient in 2021–2022. The panel data regression indicates that lending positively and significantly affects economic growth. It is expected to be an efficient and accountable online financing service with a multiplier effect on economic growth.

Suggested Citation

  • Ririn Nopiah & Ratu Eva Febriani & Antoni Sitorus, 2023. "Financial Technology (Peer-to-Peer Lending): Efficiency and Effect on Economic Growth in Indonesia," Advances in Economics, Business and Management Research, in: Roosemarina Anggraini Rambe & Lizar Alfansi & Robinson Robinson & Dewi Rahmayanti & Agustina Suparya (ed.), Proceedings of the 1st Bengkulu International Conference on Economics, Management, Business and Accounting (BICEMBA 2023), pages 116-126, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-328-3_14
    DOI: 10.2991/978-94-6463-328-3_14
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    JEL classification:

    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:spr:advbcp:978-94-6463-328-3_14. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.