Bank Sinarmas scraps plan to invest $25m in Indonesian digital wallet DANA

Bank Sinarmas scraps plan to invest $25m in Indonesian digital wallet DANA

Vincent Iswara, CEO of DANA

Indonesia-listed PT Bank Sinarmas Tbk has decided not to go ahead with its previously announced plans to invest $25 million in the local digital wallet Espay Debit Indonesia Koe — popularly called DANA — according to IDX filings by the bank, reviewed by DealStreetAsia.

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