Regulation of Crowdfunding in Indonesia

Chang, Soonpeel Edgar

doi:10.19166/lr.v0i1.1159

Cited by 7 publications

(3 citation statements)

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“…Fintech providers and users can carry out various financial activities more safely and comfortably. The public does not need to worry about using financial technology because Bank Indonesia and the Financial Services Authority ensure consumer safety, especially for data and information confidentiality [25]. On the other hand, Bank Indonesia also ensures that every provider of Fintech products or services has complied with the established regulations [26,27].…”

Section: Utilization Of Financial Technology In Indonesia and Other C...mentioning

confidence: 99%

Juridical Analysis of Social Crowdfunding as the Community Social Fund Collection for the Purchase of Shopping Food in Handling Covid-19 through Digital Financial Technology

Rianto,

Prananingtyas,

Suradi

2023

Proceedings of the International Conference on Sustainability in Technological, Environmental, Law, Management, Social and Econ

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Social fundraising, known also as social crowdfunding, in Indonesia and other countries (United Kingdom) uses digital financial technology to purchase basic foods to handle Covid-19 . The limited government funds in overcoming the crisis have raised philanthropists or sympathizers who want to help ease the burden affected by the PSBB. Digital financial technology is one of the media used, making it easier for people to collect quickly and efficiently. The purpose of this research is to analyze the use of digital financial technology and the juridical constraints of legal protection for parties in collecting public social funds for the purchase of necessities in the handling of Covid-19 (social crowdfunding).

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Section: Utilization Of Financial Technology In Indonesia and Other C...mentioning

confidence: 99%

Juridical Analysis of Social Crowdfunding as the Community Social Fund Collection for the Purchase of Shopping Food in Handling Covid-19 through Digital Financial Technology

Rianto,

Prananingtyas,

Suradi

2023

Proceedings of the International Conference on Sustainability in Technological, Environmental, Law, Management, Social and Econ

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“…However, the development of ECF in Indonesia is still considered as infancy. Previous studies related to equity crowdfunding in Indonesia mainly discussed regulations in Indonesia (Chang, 2018;Harianto, 2020), Islamic equity crowdfunding in Indonesia (Hendratmi et al, 2019;Mustafida et al, 2021;Thaker et al, 2020), and ECF as an alternative for financing in general (Hutomo, 2019;Widawati et al, 2021).…”

Section: Introductionmentioning

confidence: 99%

Exploring Success Factors in Indonesian Equity Crowdfunding

Razan

Widyastuti

2022

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In Indonesia, Micro, Small, and Medium Enterprises (MSMEs) contributed to more than 60 percent of the country's total GDP. One of the prime hurdles that MSMEs commonly face is financing access. With the development of Fintech, Equity Crowdfunding (ECF) has been seen as potential alternative financing for many entrepreneurs since ECF allows them to finance their ventures by raising capital from large pools of individuals, bypassing the conventional financial intermediaries. This research examines various factors that are significant for the success of crowdfunding campaigns using data from the equity crowdfunding platforms in Indonesia. The result shows that the number of investors, the fund's targets, minimum of investment, understandability, and provision of the video have a significant and positive effect. At the same time, social media networks and projected rate of return negatively correlate with the success of Indonesian equity crowdfunding. This article sheds light on the opportunity and challenges of crowdfunding in Indonesia and proposes insights for entrepreneurs participating in the ECF system.

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“…Fintech crowdfunding memungkinkan orang untuk mengamankan penciptaan produk dan media baru (Giglio, 2022). (Ghazali & Yasuoka, 2018;Chang, 2018) Dalam dunia perbankan dan permodalan terutama pada Bank Indonesia yang telah mengklasifikasikan fintech ke dalam 4 kategori yaitu: Pasar finansial (Crowdfunding dan peer to peer); agregator pasar; Manjemen Risiko dan Investasi; Penyelesaian pembayaran dan Penagihan (Rumondang, 2018). Fleksibilitas yang diberikan oleh fintech memungkinkan para pelaku UMKM mengurangi risiko suku bunga baik dalam penyusunan laporan keuangan maupun dalam pengendalian.…”

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Pengembangan Digitalisasi Ekonomi Syariah di Negara Asia Tenggara

Pertiwi

2023

IFIJEB

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The digital economy is a new engine of sustainable development, high quality economic growth and fintech are key player in global financial markets. The goal of this study is to analyze a technological angle to better understand how digitalization has influenced the growth of the Islamic economy. Focus on literature and descriptive analysis methods, this study takes a qualitative approach to examine Islamic fintech peer to peer lending in Asia. According to the study’s findings, SME (Small Medium Enterprose) are becoming more likely to use these services as the Islamic economy becomes more digitalizes and reliant on Islamic fintech funding.

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Regulation of Crowdfunding in Indonesia

Cited by 7 publications

References 0 publications

Juridical Analysis of Social Crowdfunding as the Community Social Fund Collection for the Purchase of Shopping Food in Handling Covid-19 through Digital Financial Technology

Juridical Analysis of Social Crowdfunding as the Community Social Fund Collection for the Purchase of Shopping Food in Handling Covid-19 through Digital Financial Technology

Exploring Success Factors in Indonesian Equity Crowdfunding

Pengembangan Digitalisasi Ekonomi Syariah di Negara Asia Tenggara

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