Singapore – September 20, 2026 -- 01F Group has made an investment in DANA, Indonesia's leading digital e-wallet and financial services platform, through its growth-stage fintech private equity arm, 01Fintech. The deal deepens 01F Group's exposure to Southeast Asia's fintech sector as Indonesia's digital payments market is projected to approach USD 1 trillion by 2030.
DANA's platform reaches millions of users across Tier 2 to Tier 4 regions
DANA operates an integrated digital financial ecosystem serving consumers, merchants and financial institutions, with particular penetration among micro, small and medium enterprises (MSMEs) outside Indonesia's major metropolitan centers. Founded in 2018, the platform combines digital payments, QRIS transactions, money transfers and AI-powered financial tools.
01F Group targets three growth levers to expand DANA's ecosystem value
The partnership will focus on connecting MSMEs on DANA's platform with scalable lending and working capital solutions, broadening access to micro-insurance and digital savings products for underserved users, and exploring cross-border payment efficiencies for Indonesian merchants and consumers through 01F Group's regional network.
01F Group's Kenny Man cites operational discipline and MSME impact as investment drivers
Kenny Man, Founder and Managing Partner of 01F Group, said the investment is grounded in DANA's operational discipline, its role in empowering local MSMEs, and its team's resilience. He described the firm's intent to serve as a long-term partner beyond capital provision as DANA works to strengthen Indonesia's digital financial infrastructure.
Vince Iswara, Chief Executive Officer and Co-founder of DANA, said 01Fintech brings specialized fintech expertise and strategic regional connectivity alongside capital, with both parties committed to sustainable growth and supporting merchants across Indonesia.
Investment reflects broader push into Asia's digital financial infrastructure
The transaction adds to 01F Group's positioning across category-defining fintech platforms in Asia, building on its stated focus on sustainable unit economics and strong local execution. The Group operates multiple investment vehicles, including 01Fintech, 01F GPS and the 01F Intelligence Fund, spanning fintech, AI and broader digital economy sectors.