Fintech P2P Lending: A New Avenue for Community Funding in Manado


Authors : Olivia Fransiske Christine Walangitan

Volume/Issue : Volume 9 - 2024, Issue 11 - November

Google Scholar : https://tinyurl.com/yckd345j

Scribd : https://tinyurl.com/2s3kaxrv

DOI : https://doi.org/10.5281/zenodo.14292412

Abstract : Fintech Peer-to-Peer (P2P) lending has emerged as a transformative financial tool, bridging access gaps in Manado City, Indonesia. By leveraging digital platforms, P2P lending enables efficient and accessible financing, particularly for individuals and businesses traditionally excluded from formal banking services. With the rise of smartphones, P2P services offer a seamless, user-friendly experience that bypasses conventional banking complexities, providing fast approvals, flexible terms, and lower operational costs. This study explores the potential of P2P lending to enhance financial inclusion, promote digital literacy, and support small businesses in Manado, while addressing the challenges of internet dependence, regulatory needs, and risk management. As a financial alternative, P2P lending plays a critical role in modernizing the financial landscape, offering a sustainable, inclusive approach to community financing in an increasingly digital economy.

Keywords : Fintech, P2P, Alternative Financing.

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Fintech Peer-to-Peer (P2P) lending has emerged as a transformative financial tool, bridging access gaps in Manado City, Indonesia. By leveraging digital platforms, P2P lending enables efficient and accessible financing, particularly for individuals and businesses traditionally excluded from formal banking services. With the rise of smartphones, P2P services offer a seamless, user-friendly experience that bypasses conventional banking complexities, providing fast approvals, flexible terms, and lower operational costs. This study explores the potential of P2P lending to enhance financial inclusion, promote digital literacy, and support small businesses in Manado, while addressing the challenges of internet dependence, regulatory needs, and risk management. As a financial alternative, P2P lending plays a critical role in modernizing the financial landscape, offering a sustainable, inclusive approach to community financing in an increasingly digital economy.

Keywords : Fintech, P2P, Alternative Financing.

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