Digital lending for quick access to finance

Dana Fintech

Dana enables banks and financial institutions to assess creditworthiness of potential borrowers based on alternative data and digital credit scoring engine to extend digital loans in shortest turnaround time. With no paperwork or red tape, Dana makes the entire approval process is quick and helps lenders to scale MSME and retail loan portfolio faster at low sourcing and operation cost.

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Dana digital credit score for enabling digital lending

Expansion to new market segments

Dramatically improve access to new market segments, such as the new-to-credit (NTC), new-to-bank, thin file, millennial and self-employed.

Lower cost of risk

Leverage the predictive capability of AI and Machine Learning to consistently improve digital scorecards while lowering the cost of risk.

Faster decisions

Our financial technology platform shortens the time-to-yes from days to less than 1 minute with scores delivered in real time

Digital loan for MSMEs and salaried employees

Short-term credit for small businesses, ecommerce merchants and salaried individuals.

Collateral free financing

Simple application though mobile app in 3 minutes

Lighting quick processing

Download & apply

Customers will download the Dana App & apply for the loan.

Upload KYC details

Customers of our partner financial institutions just need to take NID photo and put KYC details for instant onboarding.

Loan disbursal

On instant eligibility check and system generated credit scores, the amount gets credited within the shortest possible time to the customer's chosen wallet or bank account.

Dana and the Sustainable Development Goals (SDG)

Access to finance is one of the most effective tools to end poverty. 7 million SMEs of Bangladesh need quick access to finance and Dana aims to build an ecosystem to assist financial institutions to offer quick access to finance by alternative credit scores to lift millions out of poverty.

Enabling underbanked individual and micro business to increase their productivity will help them feed millions of people. Dana's alternative credit scoring model ensures financial inclusion for the underbanked women entrepreneurs.

Dana aims to revitalize MSME and informal and gig economy workers and provide our youth with quality, sustainable economic opportunities by introducing data-driven tech solutions for the challenges faced in access to digital financial services.

When underbanked businesses and individuals have access to credit, they can sustainably contribute to economic development while improving their livelihoods.

Only DANA partner organization employees and DANA partner FMCG retailers can apply for DANA digital loans.

Our partners