The Role of Financial Literacy in Mediating Financial Technology on Financial Inclusion

This study aims to determine the influence of financial technology on financial inclusion with financial literacy as a mediating variable. The data were collected through an online questionnaire distributed to 200 respondents who use financial technology services and reside in Jakarta. The sampling technique used was non-probability sampling with a purposive sampling approach. Data were analyzed using SEM-PLS with the SmartPLS software version 4.1.1.5. The results of this study show that: 1) financial technology has a positive and significant effect on financial literacy; 2) financial technology has a positive and significant effect on financial inclusion; 3) financial literacy has a positive and significant effect on financial inclusion; and 4) financial literacy is able to mediate the effect of financial technology on financial inclusion.