Abstract:This study examines the effect of fintech and financial inclusion moderated by financial literacy in improving the financial performance and business growth of SMEs in Indonesia. The purposive sampling technique was used to obtain data from 202 SMEs in Indonesia, statistically analysed using descriptive and multiple regression analyses. The results showed that financial literacycouldmoderatetheeffectoffintechonfinancialinclusion. Furthermore, fintech cannot improve financial performance, despite being moderated by financial literacy. Meanwhile, financial inclusion can improve financial performance, and subsequently, financial performance increases the business growth of SMEs. Implications of this study are that SMEs must improve financial literacy, and the government needs to improve regulations on financial literacy, fintech, and financial inclusion, especially for SMEs.

Keywords:fintech;financialinclusion;financialliteracy;financial
performance; business growth.