DANA receives investment from 01Fintech
The undisclosed investment will support DANA’s financial-services offering and lending access for small businesses.
Payments and financial services through one wallet
DANA’s app lets consumers pay merchants by QR code, transfer money, settle bills and access other digital-finance services. The company describes its platform as serving consumers, merchants and financial institutions within one integrated ecosystem.
DANA plans to expand its financial-services offering and connect micro, small and medium-sized businesses with lending and working-capital solutions. The investment amount was not disclosed.
Use of funds
Expand financial-services offering
Connect MSMEs with lending and working-capital solutions