DT One is a Singapore-based fintech company specializing in B2B digital micropayments and cross-border money transfers. Founded in 2005, the company has established a significant presence in the digital payments industry, particularly in emerging markets.
Company Overview
DT One operates a global network that facilitates the transfer of mobile top-ups, data bundles, gaming pins, utility and bill payments, and gift cards. The company's platform interconnects over 2,000 mobile operators, digital apps, retailers, and mobile wallets across more than 160 countries, reaching over 5 billion mobile consumers.
Leadership
In April 2024, DT One appointed Claudio Di Zanni as its Chief Executive Officer. Di Zanni brings extensive experience from his previous roles, including Chief Operating Officer at Moneyfarm and leadership positions at WorldRemit.
Services and Solutions
DT One offers a range of services tailored to various sectors:
- Mobile Operators: Enables recurring revenue through services that connect the diaspora with their families.
- Money Transfer Operators: Provides cross-border digital value products to complement existing offerings.
- Creator Economy Platforms: Enhances user acquisition and engagement.
- Super Apps & Marketplaces: Supports scalable growth and recurring value streams.
- Retail Networks: Diversifies revenue streams with diaspora-friendly services.
- eWallets: Facilitates faster scaling and user retention with relevant digital services.
Financial Performance
As of December 2024, DT One reported an annual revenue of approximately $75 million, with a workforce of around 201 employees. Other estimates suggest annual revenues ranging from $32 million to $100 million, indicating variability in reported figures.
Market Position and Competitors
DT One operates in the competitive fintech landscape, with notable competitors including:
- Currencycloud: Specializes in cross-border payments and currency exchange.
- Infobip: Provides omnichannel communication solutions.
- Thunes: Offers cross-border payment solutions.
- Boku: Focuses on mobile payment solutions.
- Modulr: Provides embedded payments infrastructure.
Strategic Partnerships and Investments
In May 2022, DT One secured investment from Apis Partners, a private equity firm specializing in financial services. This partnership aims to support DT One's growth and expansion strategies.
Employee Insights
Employee reviews on Glassdoor rate DT One at 3.5 out of 5 stars, with 69% indicating a willingness to recommend the company to others. Positive feedback highlights a collaborative work environment and talented colleagues, while areas for improvement include compensation and management stability.