Financial Technology in Indonesia: A content Analysis Approach

Abstract

The existence of financial technology (fintech) has both positive and negative sides. For this reason, this study was conducted to identify and describe the condition of fintech in Indonesia. The research was conducted using a content analysis approach. This approach is carried out in order to obtain a comprehensive and in-depth picture of fintech in Indonesia. The data analyzed was obtained from news articles published by detik.com. The results of this study show that there is inequality in the fintech sectors in Indonesia. The fintech sector in Indonesia is dominated by the lending, crowdfunding, and payment sectors. The fintech lending sector has a positive impact, but the results of the analysis show that there is a dominance of discussion about the negative side. In addition, the results of the analysis show that fintech in Indonesia has various advantages and challenges, but what has received the most attention is the challenges and risks of fintech. In order for fintech in Indonesia to continue to grow and have a positive impact, cooperation is needed between all stakeholders, both fintech service providers, fintech users and the government.