Research Article
The Impact of Fintech Use on The Financial Literacy Level of The Millennial Generation
@INPROCEEDINGS{10.4108/eai.30-7-2025.2360955, author={Mira Nurhikmat and Enji Azizi}, title={The Impact of Fintech Use on The Financial Literacy Level of The Millennial Generation}, proceedings={Proceedings of the 2nd Faletehan International Conference, FIC 2025, 30-31 July 2025, Serang, Banten, Indonesia}, publisher={EAI}, proceedings_a={FIC}, year={2025}, month={12}, keywords={fintech financial literacy financial inclusion financial technology financial access}, doi={10.4108/eai.30-7-2025.2360955} }- Mira Nurhikmat
Enji Azizi
Year: 2025
The Impact of Fintech Use on The Financial Literacy Level of The Millennial Generation
FIC
EAI
DOI: 10.4108/eai.30-7-2025.2360955
Abstract
With the help of this research, we want to investigate the influence that the use of financial technology (fintech) has on the level of financial literacy and inclusion in Indonesia. In order to examine the data, linear regression was undertaken. Based on the findings of the study, it is evident that the use of fintech has a substantial influence on the level of financial literacy and inclusion within the community. A better knowledge of personal financial management may be promoted via the facilitation of access to financial information and digital banking services to a greater extent. Not only that, but fintech also plays a part in extending the accessibility of financial services to community groups who were previously inaccessible to traditional financial institutions. It is possible to draw the conclusion that there is a positive and substantial association between the utilization of fintech and the degree of financial literacy among the millennial generation. Individuals who make more use of fintech services have a tendency to have a better grasp of financial matters. The use of fintech also has a major influence on financial literacy, as it has the potential to raise financial literacy by 0.62 points, which accounts for 27.1% of the difference in respondents' financial literacy.
