Lazada, Sinar Mas investment puts Indonesian fintech DANA in unicorn club

Lazada, Sinar Mas investment puts Indonesian fintech DANA in unicorn club

Photo: DANA website

Indonesian digital wallet Espay Debit Indonesia Koe, popularly known as DANA, has entered the unicorn club following investments worth $554.5 million from local conglomerate Sinar Mas Group and e-commerce giant Lazada Group, show regulatory filings accessed by DealStreetAsia.

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