DANA - About the company
DANA is an acquired company based in Jakarta (Indonesia), founded in 2017. It operates as a Digital wallet. DANA has raised $250M in funding from Lazada and Sinar Mas, with last known valuation of $1.2B. The company has 53 active competitors, including 5 funded and 5 that have exited. Its top competitors include companies like Grab, BigPay and Flip.
Sectors and market segments that DANA operate in
DANA serves in the FinTech market segments.The primary business model of DANA is:Company Details
DANA provides an app-based wallet for consumers. It enables users to do cashless and card-less transactions. It helps users to pay utility bills, recharge mobile phones & game vouchers, send & receive money, and more. Users can pay to DANA merchants through QR code scanning. The app is available for Android and IOS platforms.
- Website
- dana.id
Key Metrics
Founded Year
2017
Location
Jakarta, Indonesia
Stage
Acquired
Total Funding
$250M in 2 rounds
Latest Funding Round
Last Known Valuation
$1.2B as on Sep 17, 2022
Ranked
2nd among 53 active competitors
Employee Count
2,461 as on Aug 31, 2026
Exit Details
Acquired by Dian Swastatika Sentosa (Mar 02, 2022)
DANA's acquisition details
DANA got acquired by Dian Swastatika Sentosa on Mar 02, 2022.
Click here to take a look at DANA's acquisition in detail
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DANA's funding and investors
DANA has raised a total funding of $250M over 2 rounds. Its first funding round was on Aug 10, 2022. DANA has 3 institutional investors.
Here is the list of recent funding rounds of DANA:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 20, 2026 | Undisclosed | Series D | - | - | - | - |
Aug 10, 2022 | $250M | Series D | $1.2B | - | - |
View details of DANA's funding rounds and investors
DANA's founders and board of directors
Founder? Claim ProfileDANA's employee count trend
DANA has 2,461 employees as of Aug 26. Here is DANA's employee count trend over the years:
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DANA's Competitors and alternates
Top competitors of DANA include Grab, BigPay and Flip. Here is the list of Top 10 competitors of DANA, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Operator of a platform providing ride-hailing, food delivery, and payment services | $10.4B | 88/100 | ||
2nd | Digital wallet | $250M | 74/100 | ||
3rd | Provider of digital wallet services for payments, transfers, and budgeting | $100M | 65/100 | ||
4th | App-based wallet for consumers and businesses | $120M | 62/100 | ||
5th | Mobile based payment applications for consumers and merchants | - | 59/100 | ||
6th | App-based mobile payment platform for consumers | $100M | 51/100 | ||
7th | Wallet for consumer payments | - | - | 48/100 | |
8th | Wallet-enabled money transfer and bill payment solutions for consumers | - | - | 58/100 | |
9th | Sharia-compliant payment platform | - | - | 45/100 | |
10th | Ascend Money 2013, Bangkok (Thailand), Series D | Financial services platform for individuals | $345M | 45/100 |
Looking for more details on DANA's competitors? Click here to see the top ones
DANA's Investments and acquisitions
DANA has made no investments or acquisitions yet.
Reports related to DANA
Here is the latest report on DANA's sector:
News related to DANA
Media has covered DANA for a total of 2 events in the last 1 year.
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DANA teams up with RIA to launch inbound remittance serviceIDNFinancials•Jun 27, 2023•DANA, Ria Money
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Igloo Creates First Gamers’ Insurance Product Amid Rise of Mobile Sports in IndonesiaThe Fintech Times•Sep 18, 2022•Igloo, DANA
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Dana Raises $250M to Expand Digital Wallet UsePYMNTS.com•Aug 10, 2022•DANA, Sinar Mas, Lazada, BSD City and 2 others
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Bank Sinarmas scraps plan to invest $25m in Indonesian digital wallet DANAShareandstocks•Jun 14, 2022•Bank Sinarmas, DANA
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