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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
Social
XFacebook
Key Metrics
Founded Year
2017
Location
Jakarta, Indonesia
Stage
Acquired
Total Funding
$250M in 2 rounds
Last Known Valuation
$1.2B as on Sep 17, 2022
Investors
Ranked
Employee Count
2,461 as on Aug 31, 2026
Similar Companies
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
-
-
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DANA's founders and board of directors

Founder? Claim Profile

DANA's employee count trend

DANA has 2,461 employees as of Aug 26. Here is DANA's employee count trend over the years:
Employee count trend for DANA
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Grab
Grab
2012, Singapore (Singapore), Public
Operator of a platform providing ride-hailing, food delivery, and payment services
$10.4B
88/100
2nd
Logo for DANA
DANA
2017, Jakarta (Indonesia), Acquired
Digital wallet
$250M
74/100
3rd
Logo for BigPay
BigPay
2017, Kuala Lumpur (Malaysia), Series A
Provider of digital wallet services for payments, transfers, and budgeting
$100M
65/100
4th
Logo for Flip
Flip
2016, Depok (Indonesia), Series B
App-based wallet for consumers and businesses
$120M
62/100
5th
Logo for OVO
OVO
2017, Jakarta (Indonesia), Acquired
Mobile based payment applications for consumers and merchants
-
59/100
6th
Logo for LinkAja
LinkAja
2019, Jakarta (Indonesia), Series C
App-based mobile payment platform for consumers
$100M
51/100
7th
Logo for iSaku
iSaku
2014, Jakarta (Indonesia), Unfunded
Wallet for consumer payments
-
-
48/100
8th
Logo for Astrapay
Astrapay
2018, Jakarta (Indonesia), Funding Raised
Wallet-enabled money transfer and bill payment solutions for consumers
-
-
58/100
9th
Logo for Paytren
Paytren
2014, Bandung (Indonesia), Unfunded
Sharia-compliant payment platform
-
-
45/100
10th
Logo for Ascend Money
Ascend Money
2013, Bangkok (Thailand), Series D
Financial services platform for individuals
$345M
45/100
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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

lockFilter this list
Media has covered DANA for a total of 2 events in the last 1 year.
•
DANA is now available for use in MalaysiaIDNFinancials•May 09, 2023•DANA
•
DANA spotted daily usage surge in Q3 2022IDNFinancials•Oct 12, 2022•DANA
•
Indonesia’s Dana joins unicorn clubTech in Asia•Sep 16, 2022•DANA
•
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FAQs about DANA

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