Notable Roles | - Co-Founder & CEO, AwanTunai |
Key Recognition | - Endeavor Entrepreneur (2022) |
Background and Early Foundations
Dino Setiawan, born and raised in Australia, spent nearly 12 years in investment banking, culminating in his role as Vice President at Morgan Stanley Indonesia. His experiences in finance and a stint in Silicon Valley exposed him to the transformative potential of fintech, inspiring him to address financial inclusion challenges in Indonesia.
Career Milestones and Impact
Year | Milestone |
|---|---|
2017 | Co-founded AwanTunai to digitize Indonesia's FMCG supply chain and provide financing to micro-merchants. |
2020 | Navigated the company through the COVID-19 pandemic, maintaining a low non-performing loan rate of 3% compared to the industry average of 20-30%. |
2022 | Selected as an Endeavor Entrepreneur, recognizing his impact on Indonesia's fintech landscape. |
- Funding Raised: Over $177 million across multiple funding rounds.
- Non-Performing Loan Rate: Maintained at 3% during the pandemic.
- Market Reach: Serving thousands of micro, small, and medium enterprises (MSMEs) across Indonesia.
Leadership Style and Influence
Dino‘s leadership is characterized by data-driven decision-making and a deep understanding of the challenges faced by MSMEs. By integrating financing solutions with proprietary ERP systems, AwanTunai provides merchants with tools to manage inventory and access affordable credit, fostering financial inclusion in underserved communities.
Legacy and Future Focus
Dino Setiawan’s work with AwanTunai has revolutionized the way micro-merchants operate in Indonesia, offering them tools and financing previously inaccessible. His commitment to leveraging technology for social impact continues to drive AwanTunai’s mission to empower MSMEs and stimulate economic growth.
