DeepDive and Paytomat are to merge.The changing format of consumption, new security requirements and ever-increasing speeds of interaction with customers are posing challenges to both technology communities and businesses around the world. The combination offers, the two companies say, a new way of thinking about these challenges and how to provide state-of-the-art technology.
“Our experts have been providing high-end technology service and solutions for global giants around the world for more than 25 years. Our company grows and changes very fast, as the market demands, and we are continuously looking for more professional and passionate tech experts. One of the main tasks of the leaders is to find the right people. I do believe that the decision to team up with the professionals at Paytomat was the right action. This is a unique situation when 1+1 is equal to much more than two! Together, as a new DeepDive Generation 2 family, we will continue the digital transformation of the world.” Misha Hanin, CEO DeepDive Group.
Deepdive will be the name of the merged entities
The new company will provide its services under the DeepDive Group (DDG) brand. This will include:
- DeepDive Research
- iRangers (a systems integrator)
- Gunbrig (offering cybersecurity services)
Such products and services as Paytomat, BonBons, Asteri and ZigZag will benefit from the merger. They will become flagship projects of DDG’s blockchain division.
“Each team has a dream — to work on exciting projects. We developed what we considered crucial and needed, what can change this world to the best. Now it’s time to bring our knowledge and products to the international market and work with leaders. Joining DeepDive is an opportunity for us to work with the best and provide products to the best. It is exciting to see that we are stepping up, reaching new horizons and becoming researchers of the modern, cutting-edge technologies, needed for the digital world. It motivates us to have an opportunity to work together with talent that any global technology company, like Google or Microsoft, dreams to have on board.” Yurii Olentyr, CEO Paytomat.
Paytomat and Deepdive
The idea behind Paytomat was to make access to decentralized finance as straightforward as PayPal. Paytomat today has:
- a digital assets wallet with 50K users from multiple countries
- 500+ merchants.
In an already crowded and competitive fintech/cross-border payments environment, Paytomat offers services to users for delivering low-cost cross-border payments, loans and more.
Deepdive – which includes companies, such as iRangers — offers:
- identity management
- infrastructure and virtualisation
- research (DeepDive Research)
- blockchain software development
- security (including ethical hacking and source code reviews.
Enterprise Times: what does this mean
In June 2019. Mr Hanin wrote a blog which includes: “… (a) big roadblock is a lack of clear understanding of the concepts of how to integrate existing eco-systems and the blockchain. Unfortunately, we find that almost no one talks about how blockchain, when appropriately applied to the science and discipline of cybersecurity, can solve problems with duplicate identities, or how enterprises can easily migrate their current systems to the blockchain in a secure and programmatic fashion. To compound this problem, we see even less discussions (sic) surrounding platform integrations. These glaring gaps manifest themselves in a limited number of real-life examples of Enterprise Blockchain implementations running in production, outside of cryptocurrency and financial/ledger-related activities.”
Given the above, the link-up between DDG and Paytomat has a logic. DDG is extending its ‘infrastructure’ capabilities and reach, by adding fintech services. Whether this will attract more enterprise business, however, remains an open question.