DANA Raises Series C+ Led by 01Fintech

DANA Raises Series C+ Round Led by 01Fintech

Indonesian digital financial platform DANA has raised a Series C+ round led by 01Fintech, according to funding data dated September 21, 2026. The round adds a new lead investor to a company that has already drawn strategic backing from Sinar Mas and Lazada Group.

What DANA Does

DANA operates an e-wallet ecosystem that combines digital payments, QRIS transactions, money transfers and financial services. The platform serves consumers, merchants and financial institutions, and has been operating since 2018.

According to the company, it serves millions of users and micro, small and medium enterprises across Indonesia, with a stated focus on Tier 2 to Tier 4 regions. That geographic emphasis places DANA's addressable market beyond the country's major metropolitan centers, targeting smaller cities and regional economies where digital payment adoption continues to develop.

Funding Details

• Round type: Series C+
• Lead investor: 01Fintech
• Investors in the round: 01Fintech
• Funding date: September 21, 2026

The funding amount was not disclosed in the available data.

Strategic Context

DANA's investor base already includes Sinar Mas and Lazada Group, giving the platform ties to both a major Indonesian conglomerate and a regional e-commerce player. The addition of 01Fintech as lead of the Series C+ round extends that strategic network.

Indonesian media reported in February 2026 that DANA was preparing for a potential IPO on the Indonesia Stock Exchange. The Series C+ round arrives against that backdrop, though the funding data does not confirm any relationship between the raise and the reported IPO preparation.

Why It Matters for the Ecosystem

DANA sits at the intersection of payments and financial services in one of Southeast Asia's largest markets. Its e-wallet infrastructure touches consumers, merchants and financial institutions simultaneously, which makes it a distribution channel as much as a consumer app.

The company's stated focus on Tier 2 to Tier 4 regions is notable for a market where much of the digital finance conversation centers on Jakarta and other major urban areas. Serving smaller regional markets requires merchant acquisition at scale, local payment rails such as QRIS, and financial services that work for users with limited formal banking history.

What to Watch

• How DANA deploys the Series C+ proceeds across payments, transfers and financial services
• Whether the reported IPO preparation on the Indonesia Stock Exchange advances
• The role 01Fintech plays as lead investor alongside existing backers Sinar Mas and Lazada Group
• Continued expansion into Tier 2 to Tier 4 regions and growth among MSME users

DANA has not disclosed the size of the round. The company continues to operate its e-wallet ecosystem across Indonesia, serving consumers, merchants and financial institutions.