Dynamics Inc. was founded and seeded in 2007 by Jeff Mullen, its President and CEO. Dynamics produces and manufactures intelligent powered cards such as advanced payment cards. Focused on introducing fast-cycle innovation to top card issuers, the company's first commercial application is the world's first fully card-programmable magnetic stripe for use in next-generation payment cards.
The company has won many of the world's most prestigious international business plan competitions, including the Rice Business Plan Competition, Carnegie Mellon McGinnis Venture Competition and the University of San Francisco Business Plan Competition. The company won DEMOgod and the $1M People's Choice Award at DEMO Fall 2010, Best of Show at FinovateFall 2010 and FinnovateFall 2011, and Best In Show at BAI Retail Delivery 2011. In January, the company won Best in Show at the 2011 International CES for Personal Electronics.
Dynamics has closed a $5.7M Series A round led by Adams Capital Management and a $35M Series B round led by Bain Capital Ventures. Dynamics is headquartered in Pittsburgh, PA.
RECENT NEWS
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Dynamics Press Release 11.16.2011
Dynamics' Chip And Choice Technology Wins 2011 CARTES Best in Show Award
Dynamics Press Release 10.05.2011
Dynamics Inc. Announces Multiple Volume Launch Agreements for Next-Generation Magnetic Stripe Payment Cards
Dynamics Press Release 09.19.2011
Dynamics Inc. to Unveil Chip and Choice Technology at Finovate to Solve Crippling European EMV Infrastructure Flaw
Dynamics Press Release 08.18.2011
Dynamics Inc. Announces First-of-Its-Kind US Manufacturing and Secure Personalization Facility...
Dynamics Press Release 07.21.2011
Dynamics Inc. Reveals One of the Largest Patent Portfolios in Payments Industry