Dyninno Group

Dyninno Group is a technology company that provides products and services in the travel, fintech, and entertainment sectors. It was founded in San Francisco, United States, in 2004.

Dyninno Group
TypePrivately held company
Founded2004
FounderAlex Weinstein, Dmitry Tsymber, Igor Reiant
Headquarters
Valetta
,
Malta
Servicestravel, banking, lending,
Number of employees
5400
Websitehttps://dyninno.com/

As of 2022, Dyninno Group employs more than 5,500 people in the US, the UK, Canada, India, Colombia, Latvia, Moldova, Romania, Egypt, and the Philippines.[1]

History

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).[2] In 2013, Dyninno Travel started operations in Cebu City, Philippines.[3] In 2016, Dynatech, a subdivision for Dyninno Group, was established in Riga, Latvia.[4]

In 2017, the company introduced several lending services in Romania and Moldova: CreditPrime, CreditPlus.[5]

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.[6]

In 2019, Dyninno's enterprises generated revenues of over $800 million.

Between 2019 and 2022 Dyninno Group opened offices in New Delhi (India), as well as in Manila (the Philippines).[7][8]

In 2022, Dyninno Travel was restructured and rebranded as Trevolution. Trevolution Group sells over  50,000 airline tickets and package holidays monthly.[9][10]

References

  1. "Dyninno Travel rebrands as Trevolution Group". finance.yahoo.com. Retrieved November 8, 2022.
  2. "For This Tech Entrepreneur, Key is to Use Technology to Improve Human Life – Professional Tales". Retrieved November 8, 2022.
  3. "Airline ticket sales to PH surge 57% in Q3". Manila Bulletin. November 8, 2021. Retrieved November 8, 2022.
  4. "Pašmāju uzņēmums Dynatech attīsta pasaules līmeņa aviobiļešu tirdzniecības platformu". Dienas Bizness (in Latvian). Retrieved November 8, 2022.
  5. 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.
  6. "Moorwand, Tribe and MultiPass form strategic partnership". fintechmagazine.com. August 30, 2022. Retrieved November 8, 2022.
  7. "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.
  8. Bureau, HRK News (November 18, 2021). "Dyninno Group to hire 520+ in India in 2022". HR Katha. Retrieved November 8, 2022.
  9. "Flight Booking Price Increase Halts in August 2022". September 20, 2022.
  10. "Dynnino Travel announces rebranding". TravelDailyNews International. Retrieved November 8, 2022.
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