LD FEB UI Research: GoTo Financial Digital Financial Ecosystem Can Increase MSME and Community Financial Inclusion in Indonesia

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LD FEB UI Research: GoTo Financial Digital Financial Ecosystem Can Increase MSME and Community Financial Inclusion in Indonesia

 

DEPOK – (5/10/2021) The latest research from the Demographic Institute of the Faculty of Economics and Business, Universitas Indonesia (LD FEB UI) shows that the GoTo Financial digital financial ecosystem, which is part of the GoTo Group, helps to increase the financial inclusion of MSMEs and society in Indonesia.

In a press conference which was held virtually on (5/102021), the LD FEB UI Research Team, Dr. Paksi Walandouw, Dr. Alfindra Primaldhi, and Turro Wongkaren, Ph.D., explained how GoPay became the gateway to open digital financial access.

One in four consumers who have never been exposed to banking services are now using banking services after using GoPay. As many as 60% of MSMEs and 46% of consumers had their first non-cash transactions with GoPay. In addition, the turnover of GoTo Financial’s MSME partners at the end of 2021 is estimated to increase by 37% or equivalent to Rp 53.2 trillion compared to the previous year.

More details:

https://ldfebui.org/penelitian/ringkasan-penelitian/peran-goto-financial-terhadap-inclusion-keuangan-indonesia-tahun-2021/

(am)