Dinamo Networks

What Dinamo Networks does

DINAMO Networks is a privately held Brazilian digital security company founded in 2004 and headquartered in São Paulo that designs, manufactures, and operates Hardware Security Modules (HSMs) and adjacent cryptographic services. The company produces a domestically manufactured HSM product family (Pocket, CD, XP, ST) certified to FIPS 140-2 Level 3 and ICP-Brasil MCT-7, complemented by a cloud-hosted HSM-as-a-Service platform called DINAMO SuperCloud delivered in GO (pay-per-volume), PRIVATE (dedicated HSM), and SANDBOX tiers atop FIPS 140-2 Level 3 infrastructure hosted in PCI DSS and ISO 27001-compliant data centers. Beyond the core HSM/SuperCloud stack, the company sells a portfolio of vertical-specific modules: DINAMO PIX (BACEN-compliant PIX signature module used by most Brazilian banks), DINAMO SPB, DINAMO EFT/Paycard (PayShield replacement for MasterCard/Visa/Elo/EMV), DINAMO OTP (OATH two-factor authentication), DINAMO Signer (CAdES/PAdES/XAdES digital signatures), DINAMO LGPD (encryption/anonymization for Brazil's data protection law), DINAMO PEP (healthcare electronic patient records), DINAMO Diploma Digital (academic credentials), DINAMO Blockchain and Cold Vault (digital-asset key custody), a Hyperledger Besu plug-in for DREX (Brazilian CBDC), DINAMO Safe Keeping, DINAMO Antifraude (AI-powered fraud anomaly detection), and code signing / digital certificate offerings. The company is recognized as a co-creator of Brazil's PIX instant payment system and is integrated into major national projects including DREX, LGPD, Income Tax, SPB, Electronic Invoicing, and CNH Digital.

DINAMO generates revenue through three primary streams: (1) one-time hardware sales of HSM appliances plus annual support contracts, (2) recurring subscriptions via SuperCloud (GO, PRIVATE, SANDBOX) and DINAMO por Assinatura rental models, and (3) professional services including Digital Assets and DREX consulting. Direct enterprise sales target financial institutions, healthcare organizations, educational institutions, government agencies, and industrial companies, while a parallel SMB channel reaches small businesses and individual buyers via an e-commerce storefront selling DINAMO Pocket and code signing certificates with disclosed pricing in Brazilian Reais (e.g., R$12,060 one-time for Pocket, R$500/month for Pocket rental, R$2,000-R$5,550 annually for SuperCloud GO + Code Signing bundles). A multi-tier partner program — Finder leads, eight named resellers (NAVA, Vitara, TServices, Union-IT, NCT, MDTech, Decostar, EOS), technology partners (AWS, GlobalSign, Lacuna, OKTA, Transmit, SecuPi, Soluti), and platform integrations across blockchain (Hyperledger, R3 Corda, GoLedger, Fireblocks, Parfin, Hathor), ERP (nanodata, QAD), healthcare (Memed, Philips, MV), and judiciary (PJe) systems — extends reach. The company reports 11-50 employees, 20+ years of operating history, and the highest disclosed operational signal is processing over 200 million PIX transactions daily.

Name

Dinamo Networks

Legal name

DINAMO Networks

Website

https://dinamonetworks.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

DINAMO Networks is a Brazilian manufacturer of FIPS 140-2 Level 3 and ICP-Brasil certified Hardware Security Modules (HSMs), offering on-premise appliances and SuperCloud cloud HSM services to financial institutions, healthcare, education, government, and SMB customers across Brazil.

Ownership category

akta.pro rank

Product category

Cryptographic Security Hardware

NAICS

Security Systems Services (except Locksmiths) (561621), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Confidential Computing & Hardware-backed Protection (TEE/HSM) (HDADAFAJ)

akta.pro secondary industries

Key Management, Encryption & Secrets Management (KMS/HSM/Vault) (HDABAHAG), MPC / HSM / Key Management Infrastructure (FSADACAC), Digital Asset Custody & Key Management (MPC, HSM, Wallet Infra) (FSAGAMAB), POS Security, Encryption & Key Management (P2PE, HSM, Key Injection) (FSAMADAK)

Keywords

• Hardware security modules
• Cryptographic key management
• Digital signature services
• Payment security solutions
• Data encryption platforms

Headquarters

HQ city

São Paulo

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Hardware Security Module (HSM) Sales: Sale of physical HSM appliances (Pocket, CD, XP, ST models) with one-time payment. Includes on-premise deployment and annual support.
2. SuperCloud (Cloud HSM): Cloud-hosted HSM services with three tiers: GO (pay-per-volume), PRIVATE (dedicated HSMs), and SANDBOX. Recurring subscription model with monthly or annual billing.
3. DINAMO por Assinatura (Subscription): HSM equipment rental model where customers pay subscription fees for hardware in their own or partner infrastructure.
4. Code Signing Certificates: Digital certificates for software code signing with OV (Organization Validation) and EV (Extended Validation) options. Available as standalone or bundled with HSM.
5. Digital Assets and DREX Consulting: Professional consulting services for blockchain implementation and asset tokenization in financial institutions, including assessment, strategic planning, and technical implementation.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels6 records

Core offering

Dinamo Networks manufactures Hardware Security Modules (HSMs) in Brazil and offers cloud-based cryptographic security services for managing digital keys, signatures, and sensitive transactions. The portfolio includes on-premise HSM appliances (Pocket, CD, XP, ST models), the SuperCloud cloud-HSM service, and specialized modules for PIX/SPB payment security, digital signatures, blockchain asset custody, LGPD data protection, OTP authentication, and code signing. Solutions are certified to FIPS 140-2 Level 3 and ICP-Brasil standards.

Product overview

DINAMO Networks offers a comprehensive digital security platform centered on Hardware Security Modules (HSMs) for cryptographic key management, available as on-premises hardware appliances (DINAMO HSM Family - Pocket, CD, XP, ST models) or cloud-based SuperCloud services (GO, PRIVATE, SANDBOX deployment models). The platform provides cryptographic operations via high-level APIs integrated with FIPS 140-2 Level 3 certified HSMs. Core offerings include EKMS (Enterprise Key Management Service), Signer (digital signature), and specialized solutions for financial services (PIX, SPB, EFT), authentication (OTP, LGPD), healthcare (PEP), education (Diploma Digital), and blockchain/digital assets (Blockchain, Cold Vault, Hyperledger Besu DREX Plug-in, Safe Keeping). Additional solutions include Code Signing certificates, Digital Certificates (PKI), and AI-powered Anti-fraud. Products support deployment via SuperCloud (cloud HSM as-a-service), On Premises (owned hardware), or subscription models.

Differentiator

Problem solved

Functional benefit

Products and services

• DINAMO SuperCloud Cloud-based HSM service hosted on certified FIPS 140-2 Level 3 infrastructure, offering cryptographic key hosting and operations for organizations requiring secure digital signatures and transaction processing without on-premise hardware.
• DINAMO HSM Family (Pocket, CD, XP, ST) Line of physical HSM appliances (digital vaults) for on-premise cryptographic key management, digital signatures, and transaction processing, including the Pocket mini-HSM with FIPS and INMETRO certification designed for SMB certificate storage.
• DINAMO EKMS Enterprise Key Management Service for centralized custody and lifecycle management of cryptographic keys with HSM-backed protection, available via SuperCloud APIs.
• DINAMO Signer Digital signature solution via web services for document signing with legal validity under ICP-Brasil compliance, supporting CADES, PADES, and XADES standards and deployable via SuperCloud or on-premise.
• DINAMO LGPD Data protection and anonymization solution for LGPD compliance, providing encryption, masking, tokenization, and secure key storage via HSM.
• DINAMO OTP Two-factor authentication solution using dynamic one-time passwords (OATH standard) with seed generation and storage inside an HSM, available via REST-API, native SDK, and React Native SDK.
• DINAMO PEP Electronic Patient Record digital signature solution for hospitals and clinics, providing secure digital certificate storage and signing for medical documents under ICP-Brasil compliance.
• DINAMO EFT (Paycard) Cryptographic processing module for card-based electronic funds transfer (EFT) compliant with MasterCard, Elo, Visa, and EMV standards; the Paycard module replaces legacy PayShield systems with full compatibility.
• DINAMO PIX PIX instant payment security module providing signing and communication of transactions compliant with BACEN standards, with cryptographic keys stored in HSM.
• DINAMO SPB Crypto processing and communication module for the Brazilian Payment System (SPB 3.0), covering TED transactions, foreign currency, and financial assets, with BACEN-compliant HSM key storage.
• DINAMO Blockchain Security module for generating, storing, and transacting cryptographic keys used in blockchain and digital assets, with private keys secured inside a FIPS 140-2 Level 3 HSM.
• DINAMO Cold Vault Offline transaction protection for disconnected (cold) blockchain wallets, creating offline HSM partitions that require M-of-N cards for transaction approval.
• DINAMO Plug-In Hyperledger Besu (DREX) HSM integration plugin for Hyperledger BESU networks that protects node private keys and provides an interface between HSM-stored keys and the BESU network for block signing under QBFT consensus.
• DINAMO Safe Keeping Blockchain-based custody chain solution that combines technology with human-controlled shared secrets for secure cryptographic key management and distribution.
• DINAMO Certificados Digitais Digital certificate management solution that implements Certification and Registration Authority infrastructure, supporting ICP-Brasil, X.509, TLS/SSL certificates, and lifecycle management.
• DINAMO Code Signing Code signing certificate solution that uses GlobalSign certificates backed by HSM to ensure software authenticity and integrity, compatible with Authenticode, Office VBA, Java, Adobe AIR, Mac OS, and Mozilla platforms.
• DINAMO Diploma Digital Digital diploma signing and management solution for educational institutions, providing ICP-Brasil compliant digital signatures with centralized certificate storage in HSM.
• DINAMO Antifraude AI-powered anti-fraud solution that detects anomalies and security weaknesses across B2C and B2B customer lifecycles using microservices and modern AI technologies for pattern and anomaly detection.
• Consultoria Ativos Digitais e DREX Professional consulting services for blockchain implementation and asset tokenization in financial institutions, covering assessment, strategic planning, and technical implementation for the DREX CBDC and related digital asset initiatives.

Quantifiable outcome

• Reduces PIX implementation time by up to 3 months
• +3 more outcomes

Named customers2 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration36 records

AI capability3 records

Feature10 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• AWS (Amazon Web Services)coreTechnology or IntegrationCloud computing partnership providing infrastructure for DINAMO SuperCloud HSM services. Enables scalable cloud-based cryptographic key management.
• GlobalSigncoreTechnology or IntegrationPKI partnership for digital certificates. GlobalSign certificates available through DINAMO HSM for code signing and other applications.
• TauruscoreTechnology or IntegrationGlobal leader in digital asset infrastructure for banks. Integration with DINAMO HSMs enables banks to launch secure custody of digital assets in up to 10 days.
• Hyperledger (Besu)coreTechnology or IntegrationEnterprise Ethereum alliance. DINAMO provides HSM plugin for Hyperledger Besu network, enabling secure key custody for DREX (Brazilian CBDC).
• NAVAcoreChannel Partner/ Reseller/ DistributorAuthorized reseller channel partner for DINAMO security solutions.
• VitaraminorChannel Partner/ Reseller/ DistributorAuthorized reseller channel partner.
• TServicesminorChannel Partner/ Reseller/ DistributorAuthorized reseller channel partner.
• Union-ITminorChannel Partner/ Reseller/ DistributorAuthorized reseller channel partner.
• NCTminorChannel Partner/ Reseller/ DistributorAuthorized reseller channel partner.
• MDTechminorChannel Partner/ Reseller/ DistributorAuthorized reseller channel partner.
• DecostarminorChannel Partner/ Reseller/ DistributorAuthorized reseller channel partner (Latin America).
• EOSminorChannel Partner/ Reseller/ DistributorAuthorized reseller channel partner (Latin America).

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Entrust (HSM and PKI): Provides HSM, PKI and digital certificate solutions (Code Signing, TLS, document signing). Overlaps directly with Dinamo Certificados Digitais, Code Signing, and HSM portfolio for regulated enterprises.
• Utimaco: Pure-play HSM and key management vendor offering on-prem and cloud HSMs. Highly comparable to Dinamo's HSM Family plus SuperCloud and EKMS offerings, both targeting financial services and regulated industries.
• Fireblocks: Digital asset custody and key management platform integrating with HSMs. Dinamo lists Fireblocks as a technology partner and competes in the same Brazilian digital-asset custody market for banks and fintechs.
• Futurex: Specialist HSM vendor for payments, financial services and cloud key management. Comparable to Dinamo's EFT/Paycard, SPB, and PIX cryptographic processing modules.

Broad incumbents

• Microsoft Azure Dedicated HSM: Managed HSM service integrated with Azure Key Vault. An alternative for enterprises standardizing on Azure for key management, overlapping with Dinamo's EKMS and SuperCloud offerings.
• AWS CloudHSM: Cloud-native HSM service from AWS, used as infrastructure for many KMS workloads. Competes with Dinamo SuperCloud, particularly for AWS-hosted customers in Brazil and Latin America.
• Thales (HSM / Luna / payShield business): Global leader in HSMs (Luna, payShield) widely deployed by banks and governments. Directly comparable to Dinamo's HSM Family and EFT/Paycard modules, but operates as a large diversified vendor across many geographies and segments.

Emerging players

• HashiCorp Vault: Secrets management and KMS platform often used in place of dedicated HSMs for some workloads. Dinamo lists HashiCorp as a technology integration; it competes with EKMS for software-defined key management at the developer layer.
• Taurus: Swiss-based digital asset infrastructure platform for banks. Integrated with Dinamo HSMs to enable Brazilian bank digital-asset custody in 10 days; competes for tokenization and custody use cases that also rely on HSM-backed key protection.

Regional players

• Certisign / Soluti: Brazilian ICP-Brasil accredited certificate authorities. Listed as a technology/integration partner of Dinamo and competing adjacent offerings in the Brazilian digital certificate and signature market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/NetworksDinamo

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 Dinamo Networks