The Digital Financial Literacy and FinTech in Green Finance Adoption among MSMEs in South Sumatra

Authors

  • Endah Dewi Purnamasari Universitas Indo Global Mandiri
  • Dona Marcelina Universitas Indo Global Mandiri
  • John Roni Coyanda Universitas Sjakhyakirti
  • Audia Stephani Syahputri Universitas Indo Global Mandiri
  • Sarah Haryani Universitas Indo Global Mandiri

DOI:

https://doi.org/10.36982/jiegmk.v16i2.6187

Abstract

This study aims to analyze the influence of digital financial literacy and financial technology on the implementation of green finance among Micro, Small, and Medium Enterprises (MSMEs) in South Sumatra Province. The research employed a quantitative approach using a survey method by distributing questionnaires to 150 MSME actors across eight districts and cities. Data were analyzed through validity, reliability, classical assumption tests, and multiple linear regression analysis. The results indicate that digital financial literacy has a positive and significant effect on the implementation of green finance. MSME actors with a high level of digital literacy are better able to utilize technology-based financial services to manage their businesses efficiently and in an environmentally sustainable manner. In addition, financial technology also shows a positive and significant influence on green finance implementation, reflecting that the use of FinTech enhances transaction efficiency, transparency, and access to green financing for MSMEs. The coefficient of determination (R²) value of 0.648 indicates that digital financial literacy and financial technology jointly explain 64.8% of the variation in green finance implementation. These findings suggest that improving digital financial literacy and adopting financial technology are key factors in promoting the implementation of green finance and enhancing MSME performance to become more adaptive to the dynamics of the digital economy.

Keywords: Digital Financial Literacy, Financial Technology, Green Finance, MSMEs.

Downloads

Published

2025-12-08

How to Cite

Purnamasari, E. D., Marcelina, D., John Roni Coyanda, Audia Stephani Syahputri, & Sarah Haryani. (2025). The Digital Financial Literacy and FinTech in Green Finance Adoption among MSMEs in South Sumatra. Jurnal Ilmiah Ekonomi Global Masa Kini, 16(2), 178–188. https://doi.org/10.36982/jiegmk.v16i2.6187

Issue

Vol. 16 No. 2 (2025): Vol. 16 No. 2

Section

Articles

License

Copyright (c) 2025 Endah Dewi Purnamasari, Dona Marcelina, John Roni Coyanda, Audia Stephani Syahputri, Sarah Haryani

Creative Commons License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.

 

Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.

 

LP2M Indo Global Mandiri University has the right to multiply and distribute the article and every author is not allowed to publish the same article that has been published in this journal.

external-statistic-user-interface-budi-arianto Abstract views: 648 / PDF downloads: 647