Pairpoint

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.

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

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

• IoT security platform
• Machine-to-machine payments
• Connected vehicle commerce
• Supply chain tracking
• Blockchain identity services

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

1. 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.
2. 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.
3. 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.
4. 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

Go-to-market motion3 records

Distribution channels7 records

Marketing channels9 records

Core 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

Named customers2 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

AI capability3 records

Feature9 records

Partnerships

13 partnerships are on record, tiered core and strategic.

• Allora LabscoreTechnology or Integration · 15 June 2026Integration 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.
• LantronixcoreStrategic or Co-development Partner · 4 March 2026MoU 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 or Co-development Partner · 25 February 2026Strategic 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.
• ChainlinkcoreTechnology or Integration · 31 October 2025Collaboration 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)strategicStrategic or Co-development Partner · 16 June 2025Pairpoint 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.
• MastercardcoreStrategic or Co-development Partner · 1 October 2024Mastercard 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.
• rydcoreStrategic or Co-development Partner · 12 September 2024Partnership 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.
• OmakasestrategicTechnology or Integration · 26 August 2024Strategic 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 squaredstrategicStrategic or Co-development Partner · 22 May 2024MoU 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 or Co-development Partner · 9 May 2024Strategic 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).
• DeloittecoreStrategic or Co-development Partner · 8 January 2024Partnership 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 FoundationstrategicTechnology or Integration · 1 January 2022Collaboration 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)strategicTechnology or Integration · 1 January 2022Partnership 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

Direct 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

• LinkedInuk.linkedin.com/company/pairpoint

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pairpoint