DIMOCO

DIMOCO Overview

Company Headquarters: Austria

Founded: 2000

Workforce: ~170

Company Working: DIMOCO is a prominent payment and messaging pioneer with a payment service authorization from the Austrian Financial Market Authority (FMA) that is transferable to all 28 EU member states. The company provides carrier billing, payment services, and mobile messaging solutions. Among the company's customers are Porsche Informatik GmbH, Marc Dorcel, Euroflora, Livejasmin, UniCredit, Card Complete, Amazon Pay, and Bogestra. Being a trusted partner of MNOs, the firm lets over 1 billion people use their mobile devices to pay for goods and services from merchants and aggregators via the operators' billing system. The firm has locations in Germany, Greece, Hungary, Italy, Liechtenstein, and Spain. DIMOCO employs 170 people in over 20 countries and has around 210 MNO connections in 48 countries.

Strategy

DIMOCO continue collaborating to expand their positions in Europe and Latin America. It seeks to improve its market share in the European carrier billing sector. The substantial synergy prospects of combining payment knowledge from DIMOCO companies, namely a carrier billing vendor and a payment service provider, enable DIMOCO to safeguard its future as a leading payment company.

Company Snapshot

170

Employees

2000

Founded

Austria

Headquarters

SWOT Analysis

Strengths

Strong customer base provides the company with a competitive advantage over other players in the market

Weaknesses

Limited concentration outside Europe might weaken the company’s position on a global perspective

Opportunities

Acquisition strategies for business expansion

Threats

Competitive pressure might create challenges for the company in maintaining a significant market shareCompetitive pressure might create challenges for the company in maintaining a significant market share

Key Developments

Date	Approach	Development
April 2022	Merges	DIMOCO Payment Services and DIMOCO Carrier Billing have been merged. DIMOCO Payments will manage them as a licensed payment institute. DIMOCO Payment Services GmbH was merged into DIMOCO Carrier Billing GmbH on April 1, 2022, and the name was changed to DIMOCO Payments GmbH as a result. The company is a regulated payment corporation with an Austrian Financial Market Authority payment service license (FMA).

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