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DANA Ungkap Potensi Tekfin Bagi Ekonomi Berkelanjutan di World Economic Forum 2024

"DANA Reveals the Potential of Fintech for Sustainable Economy at World Economic Forum 2024"

Dream - A pioneering company in the field of financial technology (fintech), DANA Indonesia, was one of the panelists present at the international event, World Economic Forum (WFE) in Davos, Switzerland. The research titled 'The Future of Global Fintech: Towards Resilient and Inclusive Growth' was one of the topics discussed at the global forum. Developed by WFE and Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School, this report is the result of a global survey of more than 200 fintech companies.

"Topics Discussed"

One of the highlights of this research is the active participation of the financial technology industry in expanding its financial products and services to untapped segments of society.

Topik yang Dibahas

CEO & Co-Founder of DANA Indonesia, Vince Iswara stated that the point is the company's commitment to creating an inclusive payment system and financial services for all Indonesian people. The main focus is primarily directed towards individuals and business actors who do not yet have a bank account.

"“After the entry of financial technology, the society (Indonesia) began to experience various conveniences starting from the aspect of comfort in digital transactions to managing their daily expenses. The same convenience is also felt by business actors, who are now starting to enter the digital economic ecosystem. With financial technology, they can manage their finances in a short time,” said CEO & Co-Founder of DANA Indonesia, Vince Iswara."

Although the fintech industry often targets segments in developing countries, the development of the fintech industry in developed countries also has a consumer base that is equally large.

Appearing at WEF 2024, DANA CEO Reveals Success in Touching SMEs and Inclusive Finance

According to Vince, the utilization of financial technology has proven to be able to sustain and grow strongly in times of uncertainty such as the pandemic until now.

Appearing at WEF 2024, DANA CEO Reveals Success in Touching SMEs and Inclusive Finance

"We recorded a growth of DANA transactions increasing by more than 100 percent, followed by an increase in the number of DANA Business partner MSMEs by more than 30 percent, compared to last year (YoY)," he said. In November 2023, the value of Electronic Money (EU) transactions increased by 16.95 percent (YoY) reaching Rp41.30 trillion."

Appearing at WEF 2024, DANA CEO Reveals Success in Touching SMEs and Inclusive Finance

The following 'Bahasa' text translated to 'English' while preserving any html tags: "The fintech industry also experienced an average consumer growth of over 50 percent across vertical industries and global regions."

The high consumer demand is the main factor of growth, where more than half of the participating tekfin in the survey (51 percent) mentioned the same reason.

Appearing at WEF 2024, DANA CEO Reveals Success in Touching SMEs and Inclusive Finance
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