The partnership, executed through 01F Group’s private equity arm 01Fintech, focuses on bolstering DANA’s infrastructure to better serve millions of users and local micro, small, and medium enterprises (MSMEs). By integrating 01Fintech’s specialized regional network and sector expertise, the companies intend to bridge gaps in capital access, micro-insurance, and digital wealth-building tools.
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01F Group Backs Indonesian Fintech DANA to Scale Digital Economy
With Indonesia’s digital payments market projected to reach USD 1 trillion by 2030, 01F Group has announced a strategic investment in DANA, the country's prominent digital financial platform. The move aims to accelerate financial inclusion across the archipelago, targeting both metropolitan hubs and underserved Tier 2 to Tier 4 regions.
Kenny Man, Founder and Managing Partner of 01F Group, cited the platform’s operational discipline and its critical role in empowering local businesses as primary drivers for the investment. For his part, DANA CEO Vince Iswara noted that the collaboration extends beyond capital, emphasizing a shared commitment to sustainable growth and the development of cross-border payment solutions for Indonesian merchants. This investment serves as a cornerstone of 01F Group’s broader strategy to support category-defining platforms that provide tangible utility within Asia’s evolving digital landscape.
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