01F Group has made an investment in DANA through its growth-stage fintech private equity arm 01Fintech, backing the Indonesian digital financial services company as digital payments and financial inclusion continue expanding across Southeast Asia. Financial terms of the investment were not disclosed.
DANA operates an integrated digital financial platform serving consumers, merchants and financial institutions across Indonesia.
Its services include digital payments, QRIS payments, money transfers and AI-powered financial solutions, with the platform serving users and micro, small and medium-sized enterprises across both metropolitan areas and Tier 2 through Tier 4 regions.
01F Group sees Indonesia as one of Asia’s largest long-term fintech opportunities, supported by a large population, high levels of digital adoption and increasing demand for technology-enabled financial services.
Indonesia’s digital payments market is projected to approach $1 trillion by 2030, according to figures cited in the announcement.
Beyond providing capital, 01Fintech plans to use its fintech expertise and regional network to support DANA’s continued expansion.
The companies intend to explore several areas of potential collaboration.
One is expanding access to credit and working capital for MSMEs operating through DANA.
The companies also see opportunities to broaden access to products such as micro-insurance, digital savings and wealth-building tools for underserved customers.
Another potential area is cross-border payments, where 01F Group’s regional network could support more efficient payment services for Indonesian merchants and consumers.
01F Group operates a family of investment strategies spanning fintech, global technology commercialization and trusted AI systems.
DANA has operated since 2018 and is focused on financial inclusion, payments, cybersecurity, fraud prevention and other digital financial services across Indonesia.
KEY QUOTES:
“Our investment in DANA is grounded in three core convictions: the platform’s exceptional operational discipline, its essential role in empowering local MSMEs, and the team’s unwavering resilience. We are not just capital providers; we look forward to being a long-term partner to DANA as it continues to strengthen Indonesia’s digital financial infrastructure and broaden access to trusted financial services.”
Kenny Man, Founder and Managing Partner of 01F Group
“We are pleased to welcome 01Fintech to DANA’s journey. Beyond capital, 01Fintech brings specialized fintech expertise, strategic regional connectivity, and a shared commitment to sustainable growth.”
Vince Iswara, CEO and Co-Founder of DANA
