About DiPocket
DiPocket is a company based in London (United Kingdom) founded in 2014. DiPocket has raised $14.43 million across 5 funding rounds from investors including GB & Partners. The company has 10 employees as of January 31, 2022. DiPocket offers products and services including Funds Disbursement, Loan Disbursement, Employee Benefits, Gift Cards, and Cashless Events. DiPocket operates in a competitive market with competitors including MoneyGram, Chipper Cash, WorldRemit, PaySend and Taptap Send, among others.
- Headquarter London, United Kingdom
- Employees 10 as on 31 Jan, 2022
- Stage Minicorn
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Dipocket Limited
- Date of Incorporation 23 Jan, 2015
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
$1.49 M (USD)51as on Dec 31, 2022
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Net Profit
-$3.98 M (USD)-46as on Dec 31, 2022
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EBITDA
-$3.98 M (USD)-46as on Dec 31, 2022
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Total Equity Funding
$14.43 M (USD)
in 5 rounds
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Latest Funding Round
$1.32 M (USD), Series A
Mar 22, 2022
- Investors
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Employee Count
10
as on Jan 31, 2022
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Products & Services of DiPocket
DiPocket offers a comprehensive portfolio of products and services, including Funds Disbursement, Loan Disbursement, Employee Benefits, Gift Cards, and Cashless Events.
White-label solution for streamlining business disbursements securely.
Seamless payment tool for lending and repayment management.
Multi-fund disbursement for employee rewards via cards.
Customizable cards for corporate gifting and rebates.
Mobile solutions for cashless transactions at events.
People of DiPocket
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Finance and Accounting
2 people
Head Team
1 people
Leadership Team
1 people
Accountant Team
1 people
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Funding Insights of DiPocket
DiPocket has successfully raised a total of $14.43M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $1.32 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in DiPocket
DiPocket has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include GB & Partners.
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Investor details for DiPocket
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by DiPocket
Investment portfolio details for DiPocket
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- Portfolio identities
- Transaction dates
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Financial Statements - DiPocket
Detailed financials for DiPocket
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- Historical revenue
- Profit trends
- Statement rows
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Dipocket Comparisons
Peer comparison for DiPocket
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- Named peers
- Headcount comparison
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Competitors of DiPocket
DiPocket operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MoneyGram, Chipper Cash, WorldRemit, PaySend and Taptap Send, among others.
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Cross-border payments are enabled via wallet solutions for consumers.
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Cross-border remittances are enabled for individuals through a mobile wallet.
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Banking channel for cross border money transfers
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Cross-border money transfers are enabled via digital wallet.
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Cross-border money transfers are enabled by an app-based digital wallet.
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Cross-border payments are enabled for sending and receiving money internationally.
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Detailed competitors of DiPocket
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Latest news on Dipocket
Complete news archive for DiPocket
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Frequently Asked Questions about DiPocket
DiPocket was founded in 2014 and raised its 1st funding round 2 years after it was founded.
DiPocket is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
DiPocket is a funded company, having raised a total of $14.43M across 5 funding rounds to date.
As of Jan 31, 2022, the latest employee count at DiPocket is 10.
Annual revenue of DiPocket is $1.49M as on Dec 31, 2022.
DiPocket was founded in 2014 and is headquartered in London, United Kingdom. Operations focus on the fintech sector, where a digital wallet is provided for loading funds and enabling cross-border money transfers. A prepaid Dipocket card is issued to support traveler expenses and ATM cash withdrawals. The service is accessible via apps for Android and iOS devices, facilitating both local and international transactions.
DiPocket's top competitors include Chipper Cash, Taptap Send and WorldRemit.
DiPocket offers Funds Disbursement, Loan Disbursement, Employee Benefits, Gift Cards, and Cashless Events.
DiPocket has 1 investor. Key investors include GB & Partners.
The valuation of DiPocket is $18.43M as of Mar 2022.