Dyninno Group is a technology company that provides products and services in the travel, fintech, and entertainment sectors in 50 countries.[2] It was founded in San Francisco, United States, in 2004.
| Company type | Privately held company |
|---|---|
| Founded | 2004 |
| Founder | Alex Weinstein, Dmitry Tsymber, Igor Reiant |
| Headquarters | Valetta , Malta |
| Services | travel, finance, entertainment, technology sectors |
Number of employees | 5400[1] |
| Website | https://dyninno.com/ |
As of 2022, Dyninno Group employs more than 5,400 people in the US, the UK, Canada, India, Colombia, Latvia, Moldova, Romania, Egypt, the Philippines, Brasil, the UAE, Uzbekistan, Italy, Cyprus, Malta and Turkey.[3]
As of 2023, the company has 23 offices around the world.[4]
History edit
Alex Weinstein, an American immigrant from Moldova, started working in the travel industry in California in the early 1990s. In 2002, he launched asaptickets.com – a travel agency that sells airline tickets. In 2004, Weinstein founded the Dyninno Group (short for Dynamic Innovations).[5] In 2013, Dyninno Travel started operations in Cebu City, Philippines.[6] In 2016, Dynatech, a subdivision for Dyninno Group, was established in Riga, Latvia.[7]
In 2017, the company introduced several lending services in Romania and Moldova: CreditPrime, CreditPlus.[8]
In June 2017, a subsidiary company, Dynapay, was created and launched, which was initially used as an internal payment system for Dyninno Group, but later was offered to global clients and rebranded as Multipass.[9]
In 2019, Dyninno's enterprises generated revenues of over $800 million.
Between 2019 and 2022 Dyninno Group opened offices in New Delhi (India), Manila (the Philippines), Chisinau (Moldova).[10][11][12]
In October 2022, Evgeny Senderov became the CEO of Dyninno Group.[13]
In 2022, Dyninno Travel was restructured and rebranded as Trevolution. Trevolution Group sells over 70,000 airline tickets and package holidays monthly.[14][15] In 2022, the company's gross orders reached US$936 million.[16]
In January 2023, the Dyninno Group office was opened in Uzbekistan.[17]
In February 2023, Dyninno Group opened an office in Sao Paulo (Brazil) and in March 2023 in Istanbul (Turkey). The new offices will house Trevolution's travel business.[1]
Divisions edit
Dyninno Group consists of several divisions:
- Trevolution Group is a company that specializes in agency sales of air tickets and travel services. Trevolution manages travel brands such as International Travel Network, ASAP Tickets, Skylux Travel, Aviajet, TravelTech, etc;[18][19][20]
- EcoFinance is a company that operates in the financial services industry;[21]
- MultiPass is a bank challenger that provides financial solutions for businesses with cross-border activity;[22][23]
- Dynatech is the IT and administrative center of Dyninno Group;[24]
- Entertech is a hi-tech company in the entertainment market. It manages the brands AllCasting and KidsCasting.[25]
References edit
- ^ a b "Dyninno Group Launches Operations in Sao Paulo". Markets Insider. Retrieved May 2, 2023.
- ^ "Dyninno Group Launches Operations in Sao Paulo". Yahoo Finance. Retrieved May 2, 2023.
- ^ "Dyninno Travel rebrands as Trevolution Group". finance.yahoo.com. Retrieved November 8, 2022.
- ^ "'Traveltech' firm to expand Philippine operations". INQUIRER.net. Retrieved May 2, 2023.
- ^ "For This Tech Entrepreneur, Key is to Use Technology to Improve Human Life – Professional Tales". Retrieved November 8, 2022.
- ^ "Airline ticket sales to PH surge 57% in Q3". Manila Bulletin. November 8, 2021. Retrieved November 8, 2022.
- ^ "Pašmāju uzņēmums Dynatech attīsta pasaules līmeņa aviobiļešu tirdzniecības platformu". Dienas Bizness (in Latvian). Retrieved November 8, 2022.
- ^ humans.txt; www.digiverse.cz, Developed by: Digiverse | Tvorba WWW- (February 15, 2022). "DYNINNO becomes a new provider on Bondster". Bondster. Retrieved November 8, 2022.
- ^ "Moorwand, Tribe and MultiPass form strategic partnership". fintechmagazine.com. August 30, 2022. Retrieved November 8, 2022.
- ^ "Dyninno India plans to hire over 500 more employees | Business Review Live | Business News, Reviews | Entrepreneur Stories, Interviews | Kerala | India". August 9, 2022. Retrieved November 8, 2022.
- ^ Bureau, HRK News (November 18, 2021). "Dyninno Group to hire 520+ in India in 2022". HR Katha. Retrieved November 8, 2022.
- ^ "Unul dintre cei mai mari angajatori internaționali din Republica Moldova deschide 450 locuri noi de muncă la Chișinău". Anticorupție. Retrieved May 2, 2023.
- ^ "Dyninno Group of Companies appoints new CEO". TravelDailyNews. Retrieved May 2, 2023.
- ^ "Flight Booking Price Increase Halts in August 2022". September 20, 2022.
- ^ "Dynnino Travel announces rebranding". TravelDailyNews International. Retrieved November 8, 2022.
- ^ "Trevolution Group records rise in sale of air tickets to and from India in 2022". ETTravelWorld. Retrieved May 2, 2023.
- ^ "Dyninno Group launches operations in Uzbekistan". TravelDailyNews. Retrieved May 2, 2023.
- ^ "Skift India Daily: Indians Turn to Metasearch Engines for Travel Bookings". Skift. Retrieved May 2, 2023.
- ^ "Trevolution Group Appoints Peter Vazan to Executive Vice President of Industry Relations". Yahoo Finance. Retrieved May 2, 2023.
- ^ "Dyninno Travel rebrands as Trevolution Group". Yahoo Finance. Retrieved May 2, 2023.
- ^ "EcoFinance". Dyninno Group. Retrieved May 2, 2023.
- ^ "Meet Konstantin Zaripov, Managing Director at Global Payments Account Provider: MultiPass". Techround. Retrieved May 2, 2023.
- ^ "MultiPass, Moorwand, and Tribe deliver payment cards for European business clients". The Paypers. Retrieved May 2, 2023.
- ^ "Dyninno Group plans to hire over 520 people in India in 2022". The Print. Retrieved May 2, 2023.
- ^ "Grupul Dyninno continua sa isi dezvolte diviziile comerciale in Moldova". protv.md. Retrieved May 2, 2023.