Pairpoint
Pairpoint is a Vodafone–Sumitomo joint venture building an Enterprise of Things platform that connects vehicles, logistics assets, and IoT devices through SIM-based digital identity, distributed ledger infrastructure, and post-quantum security for enterprise customers across the UK, EU, Middle East, and Japan.
- Company typePrivate
- Founded2023
- HeadquartersLisbon, Portugal
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Pairpoint does
Pairpoint is a London-headquartered joint venture (Vodafone 80% / Sumitomo Corporation 20%) established in 2023 and rebranded from Digital Asset Broker (DAB) in November 2023. It operates an Enterprise of Things (EoT) platform that anchors connected machines, vehicles, logistics assets, and IoT devices with GSMA-certified SIM-based digital identity and trusted data exchange, serving automotive OEMs, fleet operators, logistics providers, merchants, and industrial IoT customers across the UK, EU, Middle East, and Japan. Engineering operations are split between London, Lisbon, and Tokyo, with an overall headcount in the region of 50 employees.
The product portfolio comprises the core EoT Platform for managing trusted device identity and data flows; Pairpoint SECURE, a post-quantum cryptography VPN launched in March 2026; Pairpoint ASSURE, which handles in-car and mobility payments; Logistics Solutions for supply-chain telemetry and anomaly detection; and a Platform-as-a-Service developer offering. The underlying architecture combines SIM-anchored identity with distributed ledger infrastructure (integrated with Chainlink, R3, and Hyperledger) and AI-driven analytics delivered via partners such as Allora Labs. Cumulative disclosed capital from corporate parents totals approximately €90M (€60M in November 2023 and €30M in September 2025).
The business monetizes through enterprise SaaS contracts, platform licensing, and transaction fees on payment and data-exchange flows, with named partners and pilot customers including Mastercard, Deloitte, Sensos, Nexxiot, ryd, iot squared, Lantross, and Unilog (ICL Group). Go-to-market is heavily leverage-driven through the Vodafone and Sumitomo distribution networks. Leadership transitioned in March 2026 with Zak Doffman replacing Jorge Bento as CEO.
Pairpoint firmographics
Firmographics- Name
- Pairpoint
- Legal name
- DABCO LIMITED
- Website
- https://pairpoint.io
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Pairpoint is a Vodafone–Sumitomo joint venture building an Enterprise of Things platform that connects vehicles, logistics assets, and IoT devices through SIM-based digital identity, distributed ledger infrastructure, and post-quantum security for enterprise customers across the UK, EU, Middle East, and Japan.
- Ownership category
- akta.pro rank
Pairpoint industry classification
Industry- Product category
- IoT Platform Software
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Computer Systems Design and Related Services (54151)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Cross-Chain Wallet & Asset Routing Infrastructure (FSADACAJ)
- akta.pro secondary industries
- Developer APIs & Node Access (RPC providers, node infrastructure APIs) (FSAPABAC), Compliance Identity & KYC/KYB for Wallets (on-chain identity, reusable KYC, travel rule tooling) (FSAPACAL), Privacy, Data Protection & Compliance (zk compliance, GDPR/PII handling) (FSAPAJAM), Blockchain Data & Indexing Infrastructure for Finance (Nodes, Indexers, Oracles) (FSAGAMAL)
Keywords
Where Pairpoint is headquartered
LocationHeadquarters
- HQ city
- Lisbon
- HQ country
- Portugal
- HQ region
- Europe
Offices4 records
Markets served
Pairpoint business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- Platform Licensing & SaaS Fees: Licensing of the EoT platform to automotive OEMs, logistics providers, and infrastructure operators. Subscription or usage-based fees for access to device identity, trust, payment, and smart contract capabilities via API.
- Transaction / Payment Processing: Facilitation of autonomous machine-to-machine payments for fueling, EV charging, tolling, parking, and supply chain logistics. Revenue from transaction fees on autonomous economic activity between connected devices.
- SECURE VPN / Security Subscriptions: Post-quantum SIM-based VPN security sold to enterprises with large IoT deployments. Subscription model for certificate-free encrypted connectivity across device fleets.
- Developer Platform / API Access: Developer platform providing API access to device identity, trust, payments, and ledger capabilities. Revenue from API usage fees and premium developer support tiers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise Custom — SECURE VPN for IoT fleets |
Go-to-market motion3 records
Distribution channels7 records
Marketing channels9 records
Pairpoint product offering
Product offeringCore offering
Pairpoint builds and licenses the Economy of Things (EoT) software platform that enables IoT devices, vehicles, and machines to securely identify, connect, transact, and coordinate autonomously. The platform leverages SIM-based trust, blockchain/DLT (R3 Corda, Hyperledger Besu), and post-quantum cryptography, with vertical solutions for connected vehicle payments (Pairpoint ASSURE), IoT security (Pairpoint SECURE), logistics/supply chain tracking, and a developer Platform as a Service layer.
Product overview
Pairpoint is a joint venture between Vodafone Group and Sumitomo Corporation offering a unified Economy of Things (EoT) platform that enables machines, vehicles, and devices to identify, connect, and transact securely in real time. The core EoT Platform forms the foundation, augmented by Pairpoint SECURE (SIM-based post-quantum VPN security), Pairpoint ASSURE mobility solutions (in-car payments for auto brands, merchants, and fleets), Logistics Solutions (supply chain tracking and fraud prevention), and a Platform as a Service layer for developers. The product portfolio is unified by shared technologies including SIM Trust (hardware-rooted security via SIM), Decentralized Identity (W3C DIDs), Distributed Ledger Technology (R3 Corda, Hyperledger Besu), and quantum-resistant cryptography. Pairpoint targets the growing $580 billion in-car payments market and the broader EoT ecosystem projected to reach 3.3 billion trading devices by 2030.
Differentiator
Problem solved
Functional benefit
Brands
- Pairpoint SECURE: A SIM-based, quantum-safe VPN that secures IoT devices without certificates or complex PKI infrastructure.
- Pairpoint ASSURE
- Pairpoint Secure
Products and services
- Economy of Things (EoT) Platform Core software platform enabling machines, vehicles, and devices to identify, connect, and transact securely in real time. Powers autonomous machine-to-machine transactions with quantum-safe cryptography, tamper-proof logging, and automation as the foundation for the Economy of Things ecosystem.
- Pairpoint SECURE SIM-based VPN security solution built for quantum threats, securing IoT devices instantly without certificates or complex PKI. Uses dynamic SIM-based keys with AES-256 encryption for auto-rotating credentials. Customers achieve up to 80% cost reduction versus traditional VPN and PKI infrastructure costs.
- Pairpoint ASSURE (Mobility) SIM-based payments and identity solutions for connected vehicles and fleets, enabling in-car commerce for fueling, tolling, parking, and EV charging. Works through existing vehicle SIM without additional hardware, with over 1 million service points supporting in-car payments.
- Logistics Solutions IoT solutions for logistics and transportation enabling connected assets (smart containers, delivery trucks, refrigerated cargo, tracked pallets) to authenticate, negotiate access to services, and take autonomous actions in real time using SIM-based trust technology.
- Platform as a Service (PaaS) Developer platform providing tools to build Economy of Things use cases including APIs, SDKs, payment gateway, device management, identity keys, decentralized identity (DID/VC), SIM Trust encryption and signing, and marketplace of services for device monetization.
Quantifiable outcome
- 80% cost reduction vs traditional VPN and PKI infrastructure costs
- +5 more outcomes
Companies that use Pairpoint
Customer profileNamed customers2 records
Segments5 records
Ideal customer profiles5 records
Pairpoint technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration13 records
AI capability3 records
Feature9 records
Pairpoint partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and strategic.
- Allora LabscoreIntegration of Allora's decentralized AI network as a predictive intelligence layer for Pairpoint's Economy of Things platform. First proof-of-concept is an EV Recharging Optimization system using competing ML models to forecast energy consumption, charger availability, and pricing for autonomous routing decisions.
- LantronixcoreMoU signed at 4YFN/MWC Barcelona to explore post-quantum security for Lantronix Industrial IoT hardware including NTC-222, NTC-502, G520, E210, and FOX4 industrial routers and gateways. Pairpoint SECURE adds certificate-free encrypted communications and post-quantum cryptography to Lantronix edge platforms.
- NexxiotcoreStrategic commercial agreement extending partnership into rail freight. Pairpoint's technology integrated into Nexxiot's family of rail devices to enhance asset intelligence platform with cryptographically signed, independently verifiable data. Combines Pairpoint's data provenance with Nexxiot's real-time rail asset visibility.
- ChainlinkcoreCollaboration using Chainlink Runtime Environment (CRE) to enable asset-as-a-service financing for telecom infrastructure. Pairpoint's SecurePoint and edge data capabilities integrated with Chainlink's oracle infrastructure to bridge telco tower activity metrics onchain for usage-based finance and AI compute capability integration.
- DCSA+ (Digital Container Shipping Association)strategicPairpoint joined DCSA+ partnership program to shape the future of secure, interoperable supply chains in maritime transportation. Contributing to frameworks for cross-border automation, supply chain compliance, and connected logistics using Pairpoint's SIM-based trust for connected assets.
- MastercardcoreMastercard Gateway partnership enabling autonomous machine-to-machine payments across fleet, freight, shipping, and logistics in the UK and Europe. Pairpoint's platform connects with Mastercard's payment acceptance network, allowing vehicles and devices to make authorized direct payments at fuel/charging stations and for freight services.
- rydcorePartnership with mobility company ryd to enable seamless in-vehicle payments at fuel stations, car washes, and EV charging operators across Europe. Combines Pairpoint's SIM-based IoT transaction platform with ryd's payment network and service station relationships.
- OmakasestrategicStrategic collaboration with Omakase (technology division of Kudasai Co. Ltd, backed by Nomura Holdings) to integrate Web3 and decentralized infrastructure into Pairpoint's EoT ecosystem. Omakase provides expertise in building scalable, decentralized infrastructure for the Web3 ecosystem expansion.
- iot squaredstrategicMoU with iot squared (national IoT leader in Saudi Arabia) to drive IoT innovation in the MENA region. Focus areas include supply chain optimization, energy management, smart retail, and automotive/transportation solutions leveraging both companies' IoT and EoT capabilities.
- SensoscoreStrategic collaboration combining Sensos' supply chain management solution (founded by Sony Semiconductors) with Pairpoint's EoT platform to combat supply chain fraud. Uses Sensos' cellular tracking labels and AI-powered control tower alongside Pairpoint's digital identity and blockchain transaction platform. Currently piloted with Unilog (ICL Group).
- DeloittecorePartnership combining Pairpoint DAB platform with Deloitte's KYX (Know Your Client / Know Your Cargo) services to offer digital services that verify provenance of cargo movement data, improve freight handling, and automate trade compliance. Enables faster customs clearance and port authority verification.
- Hyperledger FoundationstrategicCollaboration with Hyperledger Foundation for blockchain interoperability. Pairpoint's platform bridges IoT devices with Hyperledger Besu-based enterprise blockchain applications, enabling smart contracts to interact with physical devices knowing their provenance and trusting their data.
- R3 (Corda)strategicPartnership with R3 using Corda blockchain at the center of the Pairpoint platform. The platform enables smart devices to autonomously exchange value or data on a distributed ledger, with Corda providing the DLT foundation for the Economy of Things.
Scale indicators11 records
Recent moves8 records
Expansion highlights5 records
Pairpoint competitors and assessment
Company assessmentDirect peers
- Nodle Network: Nodle is a decentralized IoT network using Bluetooth and smartphones to connect and identify devices, with token-incentivized data transfer. It overlaps with Pairpoint's Economy-of-Things thesis of device identity and autonomous data/transaction exchange.
- Venly: Venly provides wallet-as-a-service and digital identity infrastructure for Web3 applications, overlapping with Pairpoint's device wallet, decentralized identifier (DID), and programmable payment-rail APIs.
- Particle: Particle is an IoT platform offering cellular connectivity, a developer PaaS, and device management APIs — directly comparable to Pairpoint's developer API platform, SIM-based identity, and SIM Trust workflow.
- IoTeX: IoTeX is a privacy-centric blockchain platform purpose-built for IoT, offering decentralized identity, trusted hardware anchoring, and DePIN infrastructure — directly comparable to Pairpoint's SIM-anchored IoT identity and machine-to-machine transaction layer.
Emerging players
- Helium: Helium operates a decentralized wireless network for IoT devices using token incentives and on-chain identity. It shares Pairpoint's DePIN/IOT blockchain infrastructure narrative but is primarily focused on connectivity rather than autonomous commerce.
- Streamr: Streamr is a decentralized real-time data network for IoT, offering publish/subscribe messaging and token-incentivized infrastructure comparable in spirit to Pairpoint's tamper-proof machine data exchange.
- Blynk IoT: Blynk offers a low-code IoT platform with device management, mobile dashboards, and APIs — comparable to Pairpoint's developer-facing PaaS for connecting and managing connected device fleets.
Regional players
- Deutsche Telekom IoT: Deutsche Telekom's IoT business provides global cellular IoT connectivity, SIM-based identity, and managed services across Europe. It competes with Pairpoint's Vodafone-backed platform in overlapping geographies and customer segments.
Broad incumbents
- AWS IoT Core: AWS IoT Core provides managed cloud connectivity, device identity, and messaging for IoT fleets at hyperscaler scale. It competes with Pairpoint SECURE and the broader EoT platform as an incumbent identity and connectivity stack.
- Cisco IoT: Cisco's IoT portfolio (including IoT Control Center / Jasper) offers cellular connectivity management and IoT security at scale to enterprise customers, overlapping with Pairpoint's connectivity and SIM-anchored security value proposition.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Pairpoint social profiles
Digital presencePairpoint compliance and trust
Trust signalCompliance1 record
Pairpoint financial estimates
Financial estimateRevenue estimate
Valuation estimate
Pairpoint leadership team
Management profileNumber of profiles
Profiles17 records
Pairpoint funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Pairpoint M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Pairpoint
What does Pairpoint do?
Pairpoint builds and licenses the Economy of Things (EoT) software platform that enables IoT devices, vehicles, and machines to securely identify, connect, transact, and coordinate autonomously. The platform leverages SIM-based trust, blockchain/DLT (R3 Corda, Hyperledger Besu), and post-quantum cryptography, with vertical solutions for connected vehicle payments (Pairpoint ASSURE), IoT security (Pairpoint SECURE), logistics/supply chain tracking, and a developer Platform as a Service layer.
Is Pairpoint a public or private company?
Pairpoint is a private company. It is classified as corporate owned and is currently operating.
When was Pairpoint founded?
Pairpoint was founded in 2023. It employs 51 to 100 people.
Where is Pairpoint based?
Pairpoint is headquartered in Lisbon, Portugal, in the Europe region.
How does Pairpoint make money?
Four revenue lines are on record. Platform Licensing & SaaS Fees are the primary driver. The others are transaction / Payment Processing, SECURE VPN / Security Subscriptions and developer Platform / API Access.
Who are Pairpoint's main competitors?
Direct peers on record are Nodle Network, Venly, Particle and IoTeX. Emerging players are Helium, Streamr and Blynk IoT. Deutsche Telekom IoT is listed as a regional player. Broad incumbents are AWS IoT Core and Cisco IoT.
Does Pairpoint have an API?
Yes. Pairpoint's API gateway provides access to all platform functionality for full automation of operations and integration into IoT landscapes. APIs are grouped by role and include: Identity Keys API for creating, managing and disabling security keys; SIM Trust Keys API for generating symmetric keys on demand; SIM Trust Based Signing API for data signing to ensure ownership or unaltered data; SIM Trust Based Encryption API for private key encryption; Device Management API for accessing device information, updating parameters, and enabling device transactions; Identity Verification API for DID document validation; Services API for configuring business logic behavior; Payment Gateway API for configuring payment rails per device; and User Management API for access control. Comprehensive documentation, examples, and SDKs in multiple coding languages are provided to speed development. Developer documentation is at pairpoint.io/our-platform/paas.
What industry is Pairpoint in?
Pairpoint's product category is IoT Platform Software. Its primary akta.pro industry code is FSADACAJ, Cross-Chain Wallet & Asset Routing Infrastructure, with a secondary code of FSAPABAC, Developer APIs & Node Access (RPC providers, node infrastructure APIs). Its NAICS code is 522320 and its SIC code is 7370.