01F Group backs DANA in Indonesia FinTech push

01F Group backs DANA in Indonesia FinTech push

01F Group, a global investment platform that backs visionary founders building next-generation technology companies, has confirmed a new investment in DANA, Indonesia’s leading digital financial services platform, through its growth-stage FinTech private equity arm, 01Fintech.

The deal deepens 01F Group’s presence in Asia’s FinTech sector and signals its belief that Indonesia remains one of the region’s most dynamic digital-payments markets, supported by widespread digital adoption, a sizeable consumer base and rising appetite for technology-driven financial services.

DANA operates as an Indonesian digital e-wallet and financial services platform, connecting consumers, merchants and financial institutions through one integrated ecosystem. The company has built significant scale across both metropolitan and non-metropolitan areas, serving millions of users alongside micro, small and medium enterprises (MSMEs), with a particular concentration in Tier 2 to Tier 4 regions.

01F Group typically targets category-defining platforms marked by sustainable unit economics, strong execution on the ground and genuine value for the communities they operate in. Through the partnership, the Group intends to draw on 01Fintech’s sector knowledge and regional connections to help DANA grow further and expand its range of financial services.

Beyond the capital injection, 01Fintech and DANA plan to explore joint opportunities across the wider ecosystem. This includes connecting MSMEs on DANA’s platform with scalable lending and working capital solutions, widening access to products such as micro-insurance, digital savings and wealth-building tools for underserved users, and drawing on 01F Group’s network to explore more efficient cross-border payment options for Indonesian merchants and consumers.

01F Group Founder and Managing Partner Kenny Man said, “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.”

DANA Chief Executive Officer and Co-founder Vince Iswara said, “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. Together, we remain focused on strengthening our core platform, supporting everyday merchants, and providing trusted financial tools to communities across Indonesia.”

Read the daily FinTech news

Copyright © 2026 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research

Investors

The following investor(s) were tagged in this article.