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Dana is a digital financial service based in Jakarta, Indonesia, which acts as a digital payment to replace conventional wallets. Founded in 2018, Dana is a digital wallet registered with Bank Indonesia with four licenses including electronic money , digital wallet , money transfer, and digital financial liquidity.
One of the important milestones under his leadership was the acquisition of digital payment startup PT Espay Debit Indonesia Koe (EDIK) in 2017, which operates the Dana e-wallet. Dana was one of the first startups to introduce a cashless payment system, which is now widely used in Indonesia. [3]
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OVO debuted a digital wallet in September of 2017. [6] In December 2017, it was announced that Tokyo Century Corporation had invested US$116 million for a 20% stake in the startup. [7] OVO added new financial services in 2018 [6] and Grab invested in the company. [8] In March 2019, Indonesian e-commerce company Tokopedia invested in OVO. [9]
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