DAMPAK FINTECH DI PASAR KEUANGAN MIKRO: STUDI ATAS KINERJA BPR

This study uses a market structure approach using the Lerner index as a measure of the company's competitiveness, as an indicator of market power which is an independent variable that measures its influence on the dependent variable, namely BPR financial performance, with the entry of fintech lending in the market. The observation period 2018-2022 was studied to compare the impact before and after the entry of Fintech P2P. In testing the influence of fintech in the microfinance market, this study uses panel regression analysis and includes testing based on BPR asset and capital categories, namely based on BPR-KU. This study is expected to contribute to describing the microcredit market with the presence of Fintech P2P in the market, in addition to also being a reference in increasing the effectiveness and increasing the sustainability of microfinance institutions to be able to continue to compete in the market in the current digital industry era.