Danal Co Ltd
Danal Co., Ltd. is a South Korea-based integrated payment platform company (KOSDAQ: 064260) that operates mobile, credit card, Samsung Wallet, and blockchain-based Paycoin payment processing for Korean SMB merchants, with an emerging focus on stablecoin payments for foreign tourists.
- Company typePublic
- Founded1997
- HeadquartersSeongnam, South Korea
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Danal Co Ltd does
Danal Co., Ltd. (KOSDAQ: 064260) is a Seongnam, South Korea-headquartered integrated payment platform company founded in 1997 as a first-generation Korean venture firm. The company commercialized the world's first mobile phone payment system in 2000 and has since built a multi-modal payment processing business covering mobile carrier billing, credit card acceptance, Samsung Wallet integration, gift card and open-type simplified payments, and a unified payment platform branded DaMoum (다모음). Through its Danal Fintech subsidiary (established 2019), Danal operates Paycoin, South Korea's first blockchain-based cryptocurrency payment service on a proprietary mainnet, which it is now extending into stablecoin-based payments for foreign tourists in partnership with Line Next (JPYC) and through BTQ Technologies' quantum-secure stablecoin pilot.
Danal generates revenue primarily through transaction fees charged to merchants for processing payments across its multiple payment modalities; specific pricing is not publicly disclosed. The company serves Korean SMB merchants as its primary segment, with Samsung Wallet integration providing distribution leverage and an emerging focus on foreign tourist stablecoin payments as a secondary segment. Beyond core payments, Danal operates a portfolio of wholly-owned subsidiaries spanning entertainment (Danal Entertainment), metaverse (Jeffworld), F&B (Dal.Komm coffee franchise, Danal F&B, robot-cafe foodtech brand b;eat), and adjacent crypto operations (Bit Corporation, PayProtocol AG, Secretree), creating a diversified but unfocused corporate footprint. The company employs 101-250 staff and is actively pursuing regulatory readiness for the rollout of compliant KRW-denominated stablecoin services in South Korea.
Danal Co Ltd firmographics
Firmographics- Name
- Danal Co Ltd
- Legal name
- 주식회사 다날 (Danal Co., Ltd.)
- Website
- https://danal.co.kr
- Company type
- Public
- Founded year
- 1997
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Danal Co., Ltd. is a South Korea-based integrated payment platform company (KOSDAQ: 064260) that operates mobile, credit card, Samsung Wallet, and blockchain-based Paycoin payment processing for Korean SMB merchants, with an emerging focus on stablecoin payments for foreign tourists.
- Ownership category
- akta.pro rank
Danal Co Ltd industry classification
Industry- Product category
- Payment Processing Services
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Crypto Payment Gateways & Checkout APIs (FSADAIAA)
- akta.pro secondary industries
- Crypto Merchant Acquirers & PSPs (Payment Service Providers) (FSADAIAB), POS, QR & In-Person Acceptance Infrastructure (Crypto) (FSADAIAI)
Keywords
Where Danal Co Ltd is headquartered
LocationHeadquarters
- HQ city
- Seongnam
- HQ country
- South Korea
- HQ region
- Asia
Offices1 record
Markets served
Danal Co Ltd business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- Payment Processing Fees: Danal generates revenue through transaction fees charged to merchants for processing mobile payments, credit card payments, and other payment services. The company operates as a payment gateway provider with established merchant networks.
- Cryptocurrency/Stablecoin Payment Services: Revenue from facilitating cryptocurrency and stablecoin-based payments for merchants, particularly targeting foreign tourists. Services include JPYC stablecoin integration and crypto payment processing.
- Platform Services: Danal operates multiple platforms including Paycoin (blockchain), Danalpay (payment), Jeffworld (metaverse), and others generating platform-related revenue streams.
Go-to-market motion3 records
Distribution channels4 records
Marketing channels3 records
Danal Co Ltd product offering
Product offeringCore offering
Danal Co., Ltd. operates an integrated payment platform in South Korea, providing merchants with mobile phone payment processing, credit card payment services, Samsung Wallet integration, battery card payments, and unified payment (DaMoum) solutions. The company also runs Paycoin, South Korea's first blockchain-based cryptocurrency payment service (launched in 2019 via subsidiary Danal Fintech), and overseas integrated payment services targeting foreign tourists through stablecoin partnerships. Beyond payments, Danal operates adjacent businesses including the Jeffworld metaverse platform, Dal.Komm coffee franchise, and robot café b;eat.
Product overview
Danal Co Ltd is an integrated payment platform company established in 1997 as a first-generation Korean venture company. The company pioneered the world's first mobile phone payment system in 2000 and has expanded into a comprehensive payment ecosystem. Its core products include Paycoin (blockchain cryptocurrency payment service launched in 2019 via Danal Fintech), the Danalpay commercial platform, and various payment services including mobile phone payment, credit card processing, Samsung Wallet integration, overseas payments, and integrated payment solutions (DaMoum). Beyond payments, Danal operates multiple subsidiaries and brands across blockchain, entertainment (Danal Entertainment, Jeffworld metaverse), foodtech (Robotcafe b;eat, Dal.Komm coffee franchise), and other digital services. The company serves the Korean market with cryptocurrency payment infrastructure and is expanding internationally through partnerships for stablecoin-based payments.
Differentiator
Problem solved
Functional benefit
Brands
- Danalpay (다날페이): Payment platform services including mobile and credit card payments
- Paycoin
- Jeffworld
- Danal Entertainment
- b;eat
- Dal.Komm (달콤)
- Damoum (다모음)
- Samsung Pay Integration
- Oversea Payment (해외통합결제)
Products and services
- Danalpay
Companies that use Danal Co Ltd
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Danal Co Ltd technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Danal Co Ltd partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Line NextcoreDanal signed a strategic memorandum of understanding with Line Next, the Web3 subsidiary of Japan's LY Corporation, to launch JPYC stablecoin-based payment services in South Korea. The partnership integrates the Japanese yen-pegged stablecoin into Danal's physical payment infrastructure, leveraging Danal's established payment processing network and Line Next's blockchain expertise. Plans include expansion to other Asian markets. This collaboration signals growing institutional interest in stablecoins as practical payment tools.
- BTQ TechnologiescoreBTQ Technologies conducted live QSSN (Quantum Secure Stablecoin Network) pilots with Korean partners Danal and Finger Inc. Group. QSSN represents core post-quantum security infrastructure for South Korea's first bank-led KRW stablecoin pilot. Danal participated in proof-of-concept deployments for quantum-secure financial networks, demonstrating quantum-proof payment infrastructure capabilities.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Danal Co Ltd competitors and assessment
Company assessmentDirect peers
- Toss (Viva Republica): Korean super-app fintech offering payments, banking, investing, and crypto. Competes with Danal across consumer payment experiences and is a key rival for next-generation payment products including stablecoin.
- Alchemy Pay: Crypto payment gateway serving merchants across Asia with fiat-crypto on/off-ramps. Directly comparable to Danal's Paycoin and overseas unified payment service in targeting cross-border crypto-fiat acceptance.
- Kakao Pay: Korea's leading mobile payment platform with massive user base from KakaoTalk integration. Directly competes with Danal in merchant payment processing and is expanding into crypto and overseas payment services.
- BitPay: Global crypto payment processor enabling merchants to accept cryptocurrency payments. Comparable to Danal's Paycoin and stablecoin payment infrastructure from a product and merchant-onboarding perspective.
- Bithumb: Major Korean cryptocurrency exchange. Competes with Paycoin for Korean crypto user/merchant activity and is part of the same regulatory and competitive ecosystem under Korean Virtual Asset User Protection Act.
- Coinone: Korean cryptocurrency exchange. Overlaps with Danal's Paycoin in enabling Korean merchants and consumers to transact in digital assets, and competes for the same Korean crypto-compliant customer base.
- Naver Pay (Naver Financial): Payment platform from Korea's largest internet company, offering merchant payment gateway and integrated checkout. Competes with Danal across online and offline merchant payment processing.
Broad incumbents
- Coinbase Commerce: Crypto payment solution from Coinbase serving global merchants. Comparable in function to Danal's Paycoin (crypto merchant acceptance) but operates at much larger scale and broader geographic footprint.
- Samsung Pay: Mobile wallet from Samsung Electronics integrated into Galaxy devices. While Danal is integrated as a payment option within Samsung Wallet, Samsung Pay itself competes as a broader payment platform.
Emerging players
- Crossmint: Enterprise-grade platform for crypto payments, tokenization, and stablecoin infrastructure. Comparable to Danal's stablecoin payment roadmap and an emerging competitor in the cross-border crypto payment infrastructure layer.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Danal Co Ltd social profiles
Digital presenceDanal Co Ltd financial estimates
Financial estimateRevenue estimate
Valuation estimate
Danal Co Ltd leadership team
Management profileNumber of profiles
Danal Co Ltd subsidiaries and ownership
Company hierarchySubsidiaries10 records
Danal Co Ltd funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Danal Co Ltd M&A and investment
M&A and investmentM&A
Investments9 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Danal Co Ltd
What does Danal Co Ltd do?
Danal Co., Ltd. operates an integrated payment platform in South Korea, providing merchants with mobile phone payment processing, credit card payment services, Samsung Wallet integration, battery card payments, and unified payment (DaMoum) solutions. The company also runs Paycoin, South Korea's first blockchain-based cryptocurrency payment service (launched in 2019 via subsidiary Danal Fintech), and overseas integrated payment services targeting foreign tourists through stablecoin partnerships. Beyond payments, Danal operates adjacent businesses including the Jeffworld metaverse platform, Dal.Komm coffee franchise, and robot café b;eat.
Is Danal Co Ltd a public or private company?
Danal Co Ltd is a public company. It is classified as public and is currently operating.
When was Danal Co Ltd founded?
Danal Co Ltd was founded in 1997. It employs 101 to 250 people.
Where is Danal Co Ltd based?
Danal Co Ltd is headquartered in Seongnam, South Korea, in the Asia region.
How does Danal Co Ltd make money?
Three revenue lines are on record. Payment Processing Fees are the primary driver. The others are cryptocurrency/Stablecoin Payment Services and platform Services.
Who are Danal Co Ltd's main competitors?
Direct peers on record are Toss (Viva Republica), Alchemy Pay, Kakao Pay, BitPay, Bithumb, Coinone and Naver Pay (Naver Financial). Broad incumbents are Coinbase Commerce and Samsung Pay. Crossmint is listed as an emerging player.
Does Danal Co Ltd have an API?
No public API is recorded for Danal Co Ltd.
What industry is Danal Co Ltd in?
Danal Co Ltd's product category is Payment Processing Services. Its primary akta.pro industry code is FSADAIAA, Crypto Payment Gateways & Checkout APIs, with a secondary code of FSADAIAB, Crypto Merchant Acquirers & PSPs (Payment Service Providers). Its NAICS code is 522320 and its SIC code is 6200.