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Journal : Jurnal Ilmu Manajemen Advantage

Fintech : Mapping the Performance of Peer to Peer Lending Credit in Indonesia Reskiyah, Reskiyah; Darman, Darman; Munawarah, Munawarah; Risendy, Rian
Jurnal Ilmu Manajemen Advantage Vol. 9 No. 1 (2025): June 2025
Publisher : Institut Teknologi dan Bisnis Widya Gama Lumajang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30741/adv.v9i1.1464

Abstract

The era of Globalization 5.0 drives technological innovation across various sectors, including financial services, with the emergence of Financial Technology (FinTech). Peer-to-peer lending (P2P Lending), one of the FinTech products, has become a popular alternative for financing in Indonesia. This study aims to analyze the growth of P2P Lending users, credit performance by region, and the causes of credit defaults. A quantitative descriptive method is employed with a population of 98 P2P Lending platforms registered with the Financial Services Authority (OJK) as of July 2024. Data are analyzed using growth ratio and Non-Performing Loan (NPL) ratio, with findings categorized across six archipelagic regions in Indonesia. The results indicate significant growth in the number of P2P Lending users, particularly in Java. However, this growth raises a high risk of credit defaults, mainly due to the use of loans for consumptive purposes. This study underscores the importance of public financial literacy in managing credit risks to optimize the sustainable benefits of P2P Lending.
Co-Authors Abdulkadir Bajamal, Jinan Abdullah, Wiranto S Afrida Afrida Ahyan, Rian Rifaldi Ahzari, Sarah Nur Anani, Siske Andini Hilumalo, Anggi Nur anggraen, iin Arung Gihna Mayapada Asbar Tantu Astari, Silvy Aviani, Fenti Nur Bosara, Christina Agnelya Cici Rianty K. Bidin Ciseta Yoda, Tilawatil Damasri, Wulan Djaja, Benny Dunggio, Titin Elrix Doirebo, Hans Yohanes Enny Noegraheni, Enny Erwan Sastrawan Fajriani, Alfiah Feby, Feby Fitriani Fitriani Fitriani HP, Dinda Hadjatu, Sri Halwiah, Nur Hartiwi Prabowo, Hartiwi Hendra Nelva Saputra Hery Widijanto Husnah Husnah Ibrahim, Akhmad Fadli Ibrahim, Ely Idris Idris Ilham, Muh. Insiani, Naya Judijanto, Loso Juliana Kadang Kadjintuni, Zulaiha Khairul, Weni KORNELIUS, YOBERTH Kuku, Celsi La Ode Ichlas Syahrullah Yunus Lapu, Lukas Ma'ruf, Fatmah Mallo, Abd. Gafar Mardin, Mardin Mawati, Mawati Miftahul Jannah MUHAMMAD ALI Muhammad Nur Afiat, Muhammad Muliana, Muliana Munawarah Munawarah, Munawarah Musa , Maman Musa, Maman Muslimin Muslimin Nanda Nanda Napu, Karlina Nofal, Mohammad Nofal, Muhammad Noviana Djou, Sitti Husna Nurdin, Dhayani Nurhabibah Nurhabibah Nurhayana, Nurhayana Nurul Hikmah Patta Tope Rachma, Azis Rachman, Azis Rahmadani, Nilam Ramadhani, Zahwatul Rauf, Nuzmerini Razilu, Zila Reskiyah, Reskiyah Reswita, Yefri Rianty, Cici Rina Febriani, Rina Febriani Risendy, Rian Rosa, Devi Triana Salahuddin Salahuddin Salim, Muh. Samalua Waoma Sari, Dwi Oktia Setiawan Mandala Putra Setiawan, Lukman Sitti Husna Noviana Djou Suandi, Edi Sudarmanto, Eko Sudirman, Maman Suleman, Marno Surayya, Surayya Syaiful . Syamsul Bachri Syarifnur, Syarifnur Taslim Taslim Tontik, Deysi Utami , Eva Yuniarti Vitayanti Fattah Wanda Putri, Nurisnaini Afifah William Indra S. Mooduto winarti, eko Yahya, Siskawaty Zainuddin, Fatlina