Fintech, Financial Knowledge and Performance: Factors That Support The Sustainability of MSMEs

The use of technology in business can affect the company’s performance to survive in the long term. This study aims to determine the influence of Financial Technology and Financial Knowledge on the performance of MSMEs. Financial technology is measured using two proxies, namely automatization and al...

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Main Authors: Nugraheni Peni, Salpiah Neng Sri Yayu, Hamzah Noradiva
Format: Article
Language:English
Published: EDP Sciences 2024-01-01
Series:SHS Web of Conferences
Online Access:https://www.shs-conferences.org/articles/shsconf/pdf/2024/21/shsconf_icdsa2024_01011.pdf
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author Nugraheni Peni
Salpiah Neng Sri Yayu
Hamzah Noradiva
author_facet Nugraheni Peni
Salpiah Neng Sri Yayu
Hamzah Noradiva
author_sort Nugraheni Peni
collection DOAJ
description The use of technology in business can affect the company’s performance to survive in the long term. This study aims to determine the influence of Financial Technology and Financial Knowledge on the performance of MSMEs. Financial technology is measured using two proxies, namely automatization and alternative payment methods (APMs). This study uses primary data based on questionnaires distributed to MSME managers and owners in Kebumen District, Central Java, Indonesia using the purposive sampling method. Hypothesis testing uses SEM-PLS analysis with the SmartPLS application version 4.0. The statistical results show that APMs and financial knowledge have a positive effect on the performance, while automation have no effect on the performance of MSMEs. The results of this study are expected to encourage MSME management to improve their capabilities related to financial technology and financial knowledge to support business sustainability.
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id doaj-art-7d4a019d168c4a5c98aa02c06ce490bc
institution OA Journals
issn 2261-2424
language English
publishDate 2024-01-01
publisher EDP Sciences
record_format Article
series SHS Web of Conferences
spelling doaj-art-7d4a019d168c4a5c98aa02c06ce490bc2025-08-20T02:19:16ZengEDP SciencesSHS Web of Conferences2261-24242024-01-012010101110.1051/shsconf/202420101011shsconf_icdsa2024_01011Fintech, Financial Knowledge and Performance: Factors That Support The Sustainability of MSMEsNugraheni Peni0Salpiah Neng Sri Yayu1Hamzah Noradiva2Department of Accounting, Faculty of Economics and Business, Universitas Muhammadiyah Yogyakarta, Special Region ofDepartment of Accounting, Faculty of Economics and Business, Universitas Muhammadiyah Yogyakarta, Special Region ofFaculty of Economics and Management, Universiti Kebangsaan MalaysiaThe use of technology in business can affect the company’s performance to survive in the long term. This study aims to determine the influence of Financial Technology and Financial Knowledge on the performance of MSMEs. Financial technology is measured using two proxies, namely automatization and alternative payment methods (APMs). This study uses primary data based on questionnaires distributed to MSME managers and owners in Kebumen District, Central Java, Indonesia using the purposive sampling method. Hypothesis testing uses SEM-PLS analysis with the SmartPLS application version 4.0. The statistical results show that APMs and financial knowledge have a positive effect on the performance, while automation have no effect on the performance of MSMEs. The results of this study are expected to encourage MSME management to improve their capabilities related to financial technology and financial knowledge to support business sustainability.https://www.shs-conferences.org/articles/shsconf/pdf/2024/21/shsconf_icdsa2024_01011.pdf
spellingShingle Nugraheni Peni
Salpiah Neng Sri Yayu
Hamzah Noradiva
Fintech, Financial Knowledge and Performance: Factors That Support The Sustainability of MSMEs
SHS Web of Conferences
title Fintech, Financial Knowledge and Performance: Factors That Support The Sustainability of MSMEs
title_full Fintech, Financial Knowledge and Performance: Factors That Support The Sustainability of MSMEs
title_fullStr Fintech, Financial Knowledge and Performance: Factors That Support The Sustainability of MSMEs
title_full_unstemmed Fintech, Financial Knowledge and Performance: Factors That Support The Sustainability of MSMEs
title_short Fintech, Financial Knowledge and Performance: Factors That Support The Sustainability of MSMEs
title_sort fintech financial knowledge and performance factors that support the sustainability of msmes
url https://www.shs-conferences.org/articles/shsconf/pdf/2024/21/shsconf_icdsa2024_01011.pdf
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AT hamzahnoradiva fintechfinancialknowledgeandperformancefactorsthatsupportthesustainabilityofmsmes