Quantitative analysis shows financial literacy enhances financial performance in MSMEs, indicating its crucial role in fintech and financial inclusion outcomes.
Key Points
Financial literacy markedly strengthens financial performance in MSMEs, showing its vital role alongside fintech.
Financial inclusion and performance improved with fintech, with β = 0.171 and B = 0.289 respectively, significant at p < 0.05.
Using a quantitative explanatory research approach, data from 100 MSME players in the culinary sector was analyzed.
This research underscores the critical need for financial literacy to optimize the benefits of digital financial services.