Heaptalk, Jakarta — GoTo Financial has cooperated with Financial Services Authority (OJK) to provide a financial education program, FinanSiap, to improve society’s financial literacy amid the dynamic macroeconomic conditions in the country.
Together with OJK, GoTo Financial will present numerous financial classes for the general community and MSME through A Cup of Moka and Bincang Biznis education classes. This synergy is a part of sustainable strategic cooperation GoTo with OJK in accelerating inclusive financial and digitalization to boost the national economy and public welfare.
The Group Head of Compliance of GoTo Financial, Budi Gandasoebrata, explained, “Amid the rapid growth of digital technology, the challenge of creating secure transactions is not followed by qualified financial literacy. Established in 2021, FinanSiap aims to support GoTo Financial’s goal of unlocking access to inclusive finance through the relevant and latest educational programs for MSMEs and the general society.”
Despite the significant growth of the financial inclusion level, attaining 76% in Indonesia, the financial literacy rate is still at 38%. This program will grant several classes related to personal and family financial management, investment, and financial management for MSMEs to improve the previous outcomes. The participants hoped to apply the new knowledge obtained in their daily lives and business activity through the features owned by the GoTo Financial ecosystem.
The Senior Strategic Committee of OJK, Sekar Putih Djarot, during the Press Conference on Tuesday (10/17), delivered that there are plenty of illegal financial services amid the fluctuating economic climate conditions. With this collaboration, Sekar expects to increase the literacy index and financial inclusion for sustainable financial objectives in Indonesia.
Prior to this partnership, the GoTo Financial ecosystem has launched multiple financial education by involving the government entity and regulator to conduct Financial Literacy Education Biznis Talks with OJK in Solo & the opening of the MSME Campus with OJK. This measure is carried out as part of company’s support to enhance financial inclusion.
On the other hand, the GoTo Financial team has also created the Gopay Diary and GoTagihan features to manage users’ expenses. This fintech app of the giant technology company GoTo has also provided GoSure and GoInvestasi tools to offer long-term financial management for the public. In addition, GoKasir, Selly, GoModal, Midtrans, and Moka have also launched to facilitate business administrative matters while reaching an extensive market.
Regardless of the digital solutions offered, GoTo Financial also assist non-technology solutions to increase people’s awareness of their finances through training activity for communities and business partners. As reported by LD FEB UI 2021 research, this action has assisted the partners in implementing the insight obtained directly on their business operations, reaching 68%.
“A proper financial condition and management is a critical way for people to face the inflation issues in the country. Under any economic conditions, we have observed that healthy and robust financial management would contribute to the people surviving the current economic uncertainty. Thus, the FinanSiap program is one of the crucial moves to assist society in Indonesia,” concluded the CEO and Financial Trainer Lead of QM Financial, Ligwina Hananto.
