DANA
Ant-backed Indonesian wallet; 180M+ registered users.
- Who holds it
- An e-money institution holds your balance in a safeguarding account — E-money issuer license (Bank Indonesia).
- The ledger
- The e-money institution’s own ledger.
- If it fails
- Safeguarded funds are returned in administration — ring-fenced, but access can be frozen and slow.
Derived from DANA’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional |
| HQ | Jakarta, ID |
| Founded | 2018 |
| Custody | Custodial |
| Regulation type | E-money institution |
| License detail | E-money issuer license (Bank Indonesia) |
| Card | No card |
| Stablecoins | No |
| KYC | Yes |
| Active regions | Asia |
Verified links: official site ↗
Common questions about DANA
What is DANA?
DANA is a fiat neobank, headquartered in Jakarta, ID and founded in 2018. Your money is held custodially, so DANA or its partner bank holds the balance and you hold a claim on it. It is regulated as an e-money institution (E-money issuer license (Bank Indonesia)).
Does DANA have a card, and where can you use it?
It issues no card of its own. It is available in Asia.
Does DANA require KYC?
Yes. DANA requires identity verification (KYC) to open an account, as a e-money institution.
Early investors
Peers
Wise · KakaoBank · WeBank · bKash · Maya · GCash
DANA appears in
Neobanks authorised as e-money institutions (48) · Neobanks available in Asia (132) · Neobanks with no card of their own (67) · Neobanks in Indonesia (9)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.