About Dzing
Dzing is a company based in London (United Kingdom) founded in 2003.. Dzing has raised $3.29 million across 8 funding rounds. The company has 13 employees as of January 31, 2021. Dzing operates in a competitive market with competitors including incard, Zeux, Vegannection, Telocard and Payzocard, among others.
- Headquarter London, United Kingdom
- Employees 13 as on 31 Jan, 2021
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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
*********
- Legal Name Dzing Finance Ltd
- Date of Incorporation 24 May, 2018
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
$253.5 K (USD)102as on Dec 31, 2021
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Net Profit
$-4.42 M (USD)-63as on Dec 31, 2021
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EBITDA
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Total Equity Funding
$3.29 M (USD)
in 8 rounds
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Latest Funding Round
$155.53 K (USD), Seed
Jul 01, 2024
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Investors
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Employee Count
13
as on Jan 31, 2021
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Funding Insights of Dzing
Dzing has successfully raised a total of $3.29M across 8 strategic funding rounds. The most recent funding activity was a Seed round of $155.53 thousand completed in July 2024. 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.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Seed — $155,527
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First Round
First Round
(19 Aug 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Seed - Dzing | Valuation |
investors |
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| Jun, 2024 | Amount | Seed - Dzing | Valuation |
investors |
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| May, 2024 | Amount | Seed - Dzing | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Dzing
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Dzing
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dzing Comparisons
Competitors of Dzing
Dzing 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 incard, Zeux, Vegannection, Telocard and Payzocard, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Dzing
Frequently Asked Questions about Dzing
When was Dzing founded?
Dzing was founded in 2003 and raised its 1st funding round 17 years after it was founded.
Where is Dzing located?
Dzing is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Dzing a funded company?
Dzing is a funded company, having raised a total of $3.29M across 8 funding rounds to date. The company's 1st funding round was a Seed of $1.15M, raised on Aug 19, 2020.
How many employees does Dzing have?
As of Jan 31, 2021, the latest employee count at Dzing is 13.
What is the annual revenue of Dzing?
Annual revenue of Dzing is $253.5K as on Dec 31, 2021.
What does Dzing do?
Founded in 2003 and based in London, United Kingdom, Dzing operates in the financial services sector. Virtual cards are provided to facilitate payments for goods and services, enabling merchants to accept transactions. Currencies are sent, received, and stored by users both locally and across borders. Top-up options and cash withdrawal services are also made available to support user needs.
Who are the top competitors of Dzing?
Dzing's top competitors include incard, Zeux and Vegannection.
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