Development Of Fintech-Based Banking Vocational Products To Improve Msme Financial Access

Abstract

This research aims to develop fintech-based banking vocational products that can increase access to finance for Micro, Small and Medium Enterprises (MSMEs). This study uses a qualitative method by collecting data through interviews with fintech experts and MSMEs who have used fintech services. The results of the study show that the development of fintech-based banking vocational products can increase MSME financial access. The product being developed is a digital banking application that is equipped with features such as online account opening, online credit applications, digital payments, and business consulting services. This application has a user-friendly interface and is easy for MSMEs to use. This research also shows that fintech-based banking vocational products can help increase business efficiency and speed up the process of financial transactions. This can help MSMEs to overcome liquidity constraints and accelerate their business development process. Overall, this research shows that the development of fintech-based banking vocational products can be a solution to increase MSME financial access. The products developed can help MSMEs overcome liquidity constraints, speed up the process of financial transactions, and increase their business efficiency.

Keywords: Vocational Products, fintech, Finance, MSMEs