Transformasi Keuangan Digital Menuju Kesejahteraan Keuangan UMKM Perempuan: Peran Literasi Keuangan Digital, Adopsi Teknologi dan Inklusi Keuangan

Dania Febriana (Fakultas Ekonomi dan Bisnis. Universitas Al-Irsyad Cilacap)
Lia Ernawati (Fakultas Ekonomi dan Bisnis. Universitas Al-Irsyad Cilacap)
Fajar Nur Wibowo (Fakultas Ekonomi dan Bisnis. Universitas Al-Irsyad Cilacap)

Jurnal Portofolio: Jurnal Manajemen dan Bisnis
Vol. 5 No. 3 (2026): Pengembangan UMKM Dalam Peningkatan Ekonomi Negara

Financial well-being is an essential aspect of supporting the sustainability of women-owned Micro, Small, and Medium Enterprises (MSMEs) in the digital era. This study aims to examine the effects of digital financial literacy and technology adoption on the financial well-being of women-owned MSMEs, with financial inclusion as a moderating variable. A quantitative approach was employed by distributing questionnaires to women-owned MSMEs in the Cilpurmas region. The data were analyzed using Structural Equation Modeling–Partial Least Squares (SEM-PLS). The results indicate that digital financial literacy and technology adoption have a positive and significant effect on financial inclusion. However, digital financial literacy, technology adoption, and financial inclusion do not significantly affect financial well-being. Furthermore, financial inclusion does not moderate the relationships between digital financial literacy, technology adoption, and financial well-being. These findings suggest that improving financial well-being requires not only broader access to financial services but also their productive utilization by women-owned MSMEs.