{"data":{"type":"company_profile_ai","id":53732,"entity_id":"wefunder:company:53732","attributes":{"canonical_url":"https://wefunder.com/diamante","retrieval_urls":{"canonical":"https://wefunder.com/diamante","json":"https://wefunder.com/diamante.json","markdown":"https://wefunder.com/diamante.md","ai_json":"https://wefunder.com/diamante.ai.json","ai_text":"https://wefunder.com/diamante.ai.txt","changelog_json":"https://wefunder.com/diamante.changelog.json","schema":"https://wefunder.com/.well-known/ai-profile-schema.json"},"updated_at":"2026-06-22T05:03:05Z","generated_at":"2026-06-22T20:23:33Z","profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"company":{"id":53732,"entity_id":"wefunder:company:53732","slug":"diamante","name":"DIAMANTE BLOCKCHAIN","tagline":"A DeFi ecosystem for payments and financing leveraging proprietary blockchain infrastructure","elevator_pitch":"Diamante leverages a proprietary blockchain infrastructure and digital asset ecosystem to create transformative solutions for wholesale payments, remittances and trade finance.","location":"Wilmington, DE","website":"https://www.diamanteblockchain.com","total_amount_raised":377701,"total_investors":455,"is_funded":true,"is_active":true},"key_claims":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 377701","citation":"https://wefunder.com/diamante#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-22T05:03:05Z","as_of":"2026-06-22T20:23:33Z","confidence":"high"},"observed_at":"2026-06-22T05:03:05Z","expires_at":"2026-06-23T05:03:05Z"},{"claim_id":"claim-total-investors","text":"Total investors: 455","citation":"https://wefunder.com/diamante#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-22T05:03:05Z","as_of":"2026-06-22T20:23:33Z","confidence":"high"},"observed_at":"2026-06-22T05:03:05Z","expires_at":"2026-06-23T05:03:05Z"}],"verified_facts":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 377701","citation":"https://wefunder.com/diamante#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-22T05:03:05Z","as_of":"2026-06-22T20:23:33Z","confidence":"high"},"observed_at":"2026-06-22T05:03:05Z","expires_at":"2026-06-23T05:03:05Z"},{"claim_id":"claim-total-investors","text":"Total investors: 455","citation":"https://wefunder.com/diamante#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-22T05:03:05Z","as_of":"2026-06-22T20:23:33Z","confidence":"high"},"observed_at":"2026-06-22T05:03:05Z","expires_at":"2026-06-23T05:03:05Z"}],"company_claims":{"tagline":"A DeFi ecosystem for payments and financing leveraging proprietary blockchain infrastructure","elevator_pitch":"Diamante leverages a proprietary blockchain infrastructure and digital asset ecosystem to create transformative solutions for wholesale payments, remittances and trade finance.","story":"Dinesh Patel and Chirag Jetani both come from families who lived and breathed gems and jewelry business for generations. They’ve experienced firsthand how antiquated technology, manual processes, and lack of information make global trade more challenging and costly.Problem StatementThe\u0026nbsp;Diamante SolutionCreating a dedicated ecosystem for payments and financing by establishing concrete trust and ensuring full security in trade and transactions by leveraging proprietary blockchain infrastructure.The Diamante EcosystemProprietary blockchain network - ​Diamante NetDeFi payments application - ​PayCircleBlockchain application - ​DiamCircleNative digital asset on Diamante Net (Utility Coin) - ​DIAMDeFi credit application - ​CreditCircleConsortium of luxury goods and service industry stakeholders - ​Diamante ConsortiumTarget MarketDiamante Net\u0026nbsp;Diamante Net is Diamante’s proprietary blockchain network that facilitates real-time value transfer across the Diamante ecosystem.\u0026nbsp;PayCircle - DeFi Payment Application\u0026nbsp;\u0026nbsp;PayCircle is a DeFi payments solution built for global businesses and individuals. PayCircle allows users to hold and transfer a variety of fiat and digital assets globally, anytime, anywhere.PayCircle ProjectionsPayCircle is estimated to acquire more than three million users in the next five years and generate +$100 million in revenue by 2025.\u0026nbsp;These projections cannot be guaranteed.How Will the Funds be Utilized?How Will You Make Money?We will earn revenue by charging a fee on businesses and individuals' payments on the PayCircle platform. Our fees will be 50% lower than those charged by banks.CreditCircle, our proprietary credit solution, will generate revenue from two primary sources. In the first instance, we will earn interest revenue on credit that we provide directly to consortium members. Secondly, traditional lenders and credit providers will be able to access the platform by paying a fee to Diamante, which will, in turn, allow the banks to connect with potential borrowers directly. PayCircle allows free deposits of funds and assets. The user has to pay a negligible fee while conducting transfer transactions and a withdrawal fee while processing a withdrawal.Who are our Competitors?Diamante delivers value across a number of metrics, in ways that other payment solutions currently do not: DIAMANTE CONSORTIUM AND INDUSTRY ADOPTIONParticipation in the Diamante ecosystem is anchored by the Diamante Consortium, a premier group of market participants in the diamond and luxury goods supply chains who leverage the Diamante suite of products and services to operate their businesses more efficiently and effectively.Industry SupportDiamante has successfully conducted a proof of concept (POC) of PayCircle, its DeFi payments application with Diamond, Textile, Oil, and Pharmaceutical giants.RoadmapDiamante featured on Advancements hosted by Ted Danson on CNBC","quick_facts":["Proprietary technology infrastructure with the ability to process 100 million+ transactions per day","A unique combination of diamond industry experience and technical solution that solves real problems","User consortium of over 400 diamond industry participants representing $82 billion of potential revenue","PayCircle is live in the beta version for market review and feedback","Aiming to deploy NFT marketplace, tentatively by January 2022","Projected revenue from PayCircle, approximately $100 million+ by 2025 (not guarnateed)"]},"computed_metrics":{"total_amount_raised":377701,"total_investors":455,"team_size":7,"featured_investor_count":1,"faq_count":5,"recent_post_count":0},"quick_facts":[{"claim_id":"claim-fact-1","value":"Proprietary technology infrastructure with the ability to process 100 million+ transactions per day","citation":"https://wefunder.com/diamante#claim-fact-1","observed_at":"2026-06-22T05:03:05Z","expires_at":"2026-06-29T05:03:05Z"},{"claim_id":"claim-fact-2","value":"A unique combination of diamond industry experience and technical solution that solves real 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what Valuation this Raise is ? How much company raised before this round and how much is invested by founders ? Thank You","answer":"Hi Sanjay, The SAFE terms are: Pre-money Valuation Cap of $12,500,000.00 and a Discount Rate of 75%. The company has raised $900k in previous funding rounds, which was a combination of founders capital and early stage investors. We appreciate your interest and please do let us know if you have any further questions."},{"question":"Hi Diamante Team, I love all that I have read so far. But why is there no \"DETAILS\" tab (provides financial information) like other startups listed on Wefunder? Also, what are the terms offered under SAFE for this raise? Thank you! -John Hwung","answer":"Hi John, Thanks a lot for reaching out. We have not officially started the campaign yet. Our campaign will go live for private investors in next 48-72 hours after which you would be able to see the financial information similar to other startups listed on the Wefunder. The SAFE terms are: Pre-money Valuation Cap of $12,500,000.00 and a Discount Rate of 75%. We would like to thank you for your interest and please do let us know if you have any further questions."},{"question":"Hi Diamante Team, thank you for the replies to my questions! Regarding your competitors: It was very wonderful that you provided the table COMPETITIVE LANDSCAPE in the \"Who Are Our Competitors?\" section. It shows that PayCircle clearly has big advantages. However, in an articl...","answer":"Hi John, Thanks a lot for your kind words. There have been several initiatives by Diamond Mining \u0026amp; Jewelery companies to build out blockchain powered provenance. We at Diamante are more into payments and financing which will help initiatives like Tracr (De Beers) and many other to integrate payment and financing services to their platforms. To summarize we see this more of an opportunity than a direct competition. Thanks a lot once again for your interest and please feel free to address a..."},{"question":"Hi Diamante Team, do you have your own infrastructure or are you running on a public cloud such as AWS or some others? If you are on a public cloud, what further security have you built on top of it to provide cyber resilience? Thank you! -John Hwung","answer":"Diamante Infrastructure is hosted on AWS dedicated VPC server only accessible by VPN. Other security features implemented are as follows: 1. Port hardening managed by custom security group 2. nX Firewall 3. Load Balancer with auto scaling We are constantly upgrading our security protocols with White Hat Hackers and other Security Platforms. Our digital security systems ensure that all the transactions have absolute digital security from source to settlement. The Two Factor Authentications and..."},{"question":"Hi Diamante Team, thank you for answering all my previous questions! I am almost ready to invest. I have one additional question: Without revealing details, just at a high level, can you share with me the basis or rational behind your PayCircle projection in EBITDA from 2021 t...","answer":"Certainly John. At a high level, our projections are driven by the belief that we can achieve significant and sustained growth in our user base by (i) focusing on key geographies and markets where we have pre-existing competitive advantage / superior market knowledge (the Indian diamond payments ecosystem is one example) and (ii) using our digital asset ecosystem to drive faster and more expansive customer/user acquisition. In this regard, a core element of our go-to-market strategy is to exp..."}],"recent_posts":[],"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-22T20:23:33Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-22T05:03:05Z","as_of":"2026-06-22T20:23:33Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-22T05:03:05Z","as_of":"2026-06-22T20:23:33Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-05-30T03:46:50Z","as_of":"2026-06-22T20:23:33Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-05-30T03:46:50Z","as_of":"2026-06-22T20:23:33Z","confidence":"medium"}}}}}}