Vincent Iswara, CEO and Cofounder of Indonesian payments platform DANA, discusses an encouraging cooling in competition in the space amidst recent pressures in the global financial markets. He also sounded an optimistic tone around prospects for industry profitability going forward. DANA payment volumes in 1H 2022 alone surpassed the company's full-year 2021 volumes. Vince also offers a compare-and-contrast between China and Indo's payments players. DANA boasts several strategic investors on its "cap table" such as new investors Lazada Group and Sinarmas. DANA has taken an "open platform" approach as a payments provider, offering its capabilities to any major third party e-commerce or other commercial platforms requiring a payments solution. This strategy stands in contrast to "captive" payments solutions which serve largely one single individual e-commerce, ride-sharing or other large platform.