- Business
- Dozn Inc. engages primarily in providing digital financial solutions and B2B service solutions in South Korea. The company offers a comprehensive suite of products including digital corporate banking, virtual accounts, cross-border cash management, domestic foreign exchange transfers, foreign exchange exchanges, tax-refund and transportation card sales, loan comparison, apartment ERP systems, electronic tax invoice management, payment processing, ID verification, remittance payments, electronic billing, corporate messaging services, digitalized cash receipts, account holder identification, and account occupation verification services. Dozn also develops payment software and data solutions designed to support corporate clients such as online shopping mall operators. The company was incorporated in 2017 and is headquartered in Seoul, South Korea.
In recent major developments, Dozn completed a successful initial public offering (IPO) on the Kosdaq market in February 2025, targeting a market capitalization of about 294.5 billion won (approximately $202.5 million). This move was a significant step for the company’s strategic growth and expansion. The company reported strong financial performance with sales and operating profit surging notably from 2020 to 2023 and continued growth in 2024. Dozn's business messaging service has seen rapid expansion, nearly doubling revenue in the first three quarters of 2024 compared to full year 2023. Additionally, Dozn announced an equity buyback program in November 2025, acquiring 1 billion won worth of its own shares to optimize shareholder value and support stable stock operations. The company maintains a strategic partnership with Kakao Pay, which is its second-largest shareholder and collaborates with Dozn on various business operations.
The company operates mainly in South Korea but serves broad corporate client sectors, including fintech, e-commerce, and online retail operators. Dozn focuses on enhancing corporate banking and payment infrastructure through its platform and services, targeting institutional and business customers requiring sophisticated financial and administrative solutions. Dozn’s product portfolio centers around software development for digital finance and cross-border fund management, supported by its strategic shareholder alliances and investments to fuel innovation and market expansion.