Diameter Pay, a stablecoin payments infrastructure startup focused on expanding global access to the U.S. dollar, has raised $10 million in a Series A funding round co-led by CMT Digital and Lightspeed Faction. This is Diameter Pay's first funding round, and the startup was bootstrapped before the Series A, founder and CEO David Lighton told The Block. The round was structured as equity and closed in a single tranche, Lighton said, noting that the fundraising process began in April and closed in July. Lighton declined to comment on post-money valuation. Other investors in the round included SixThirty Ventures, Stellar Development Foundation, Tech Council Ventures, Onigiri Capital and BitRock Capital. Founded in 2023, Diameter Pay provides payment infrastructure for banks, fintechs, and digital asset exchanges. Its platform gives clients access to U.S. dollar virtual accounts, domestic and international payments, stablecoin on- and off-ramps, and compliance controls through U.S. banking partners. Lighton said these virtual accounts let foreign fintechs offer U.S. dollar accounts to their own customers, while Diameter Pay handles the compliance and payment controls behind the scenes. The accounts can also be connected to stablecoin infrastructure, he added. Sponsor banking partners include Portage Bank and SSB Bank, with a third sponsor bank that is a public company but has not been disclosed, Lighton said. More banks are being onboarded, he added. "When a sponsor bank partners with us, they are allowing us to use their access to the USD clearing infrastructure, and in exchange, they get fee revenue and low-cost deposits," Lighton said. Diameter Pay started payment processing in 2024 for foreign banks. Lighton said the idea was inspired by his time working for the World Bank in Haiti after the earthquake, where he focused on remittances and the development impact of cross-border payments. Expanding access to the US dollar Diameter Pay said the U.S. dollar remains the foundation of global trade and payments, but accessing it has become increasingly difficult in many parts of the world. Correspondent banks have pulled back from entire markets amid rising sanctions and anti-money laundering risk, the startup said, adding that the result is a global financial system in which legitimate businesses can be excluded alongside the bad actors those safeguards are designed to stop. Diameter Pay said it has processed more than $10 billion in payment volume this year-to-date. Its clients include "some of the largest privately owned fintech companies in the world and various banks across multiple financial hubs including Switzerland, Singapore, and others," Lighton said, without naming specific clients. Diameter Pay is registered as a money services business and as a money transmitter in New Jersey, Lighton said. The startup makes money by charging payment fees and selling directly to financial institutions that bring their customers onto the platform, he added. Diameter Pay has more than 10,000 end users live, according to Lighton. Diameter Pay said it will use the funding to expand its banking and payment capabilities, deepen its stablecoin and foreign exchange infrastructure, and keep investing in technology and compliance tools for cross-border dollar movement. As part of the Series A round, CMT Digital took a board seat, while Lightspeed Faction and SixThirty Ventures took observer seats, Lighton said. He added that Robert Pozen, former president of Fidelity Investments, is a senior advisor to the board. Diameter Pay has a team of 20 people, with its core team in the U.S. and additional teams in Argentina, Poland, and Nigeria. The startup is hiring a chief technology officer and chief commercial officer.

其他语言标题

• EnglishDiameter Pay, a stablecoin payments infrastructure startup focused on expanding global access to the U.S. dollar, has raised $10 million in a Series A funding round co-led by CMT Digital and Lightspeed Faction. This is Diameter Pay's first funding round, and the startup was bootstrapped before the Series A, founder and CEO David Lighton told The Block. The round was structured as equity and closed in a single tranche, Lighton said, noting that the fundraising process began in April and closed in July. Lighton declined to comment on post-money valuation. Other investors in the round included SixThirty Ventures, Stellar Development Foundation, Tech Council Ventures, Onigiri Capital and BitRock Capital. Founded in 2023, Diameter Pay provides payment infrastructure for banks, fintechs, and digital asset exchanges. Its platform gives clients access to U.S. dollar virtual accounts, domestic and international payments, stablecoin on- and off-ramps, and compliance controls through U.S. banking partners. Lighton said these virtual accounts let foreign fintechs offer U.S. dollar accounts to their own customers, while Diameter Pay handles the compliance and payment controls behind the scenes. The accounts can also be connected to stablecoin infrastructure, he added. Sponsor banking partners include Portage Bank and SSB Bank, with a third sponsor bank that is a public company but has not been disclosed, Lighton said. More banks are being onboarded, he added. "When a sponsor bank partners with us, they are allowing us to use their access to the USD clearing infrastructure, and in exchange, they get fee revenue and low-cost deposits," Lighton said. Diameter Pay started payment processing in 2024 for foreign banks. Lighton said the idea was inspired by his time working for the World Bank in Haiti after the earthquake, where he focused on remittances and the development impact of cross-border payments. Expanding access to the US dollar Diameter Pay said the U.S. dollar remains the foundation of global trade and payments, but accessing it has become increasingly difficult in many parts of the world. Correspondent banks have pulled back from entire markets amid rising sanctions and anti-money laundering risk, the startup said, adding that the result is a global financial system in which legitimate businesses can be excluded alongside the bad actors those safeguards are designed to stop. Diameter Pay said it has processed more than $10 billion in payment volume this year-to-date. Its clients include "some of the largest privately owned fintech companies in the world and various banks across multiple financial hubs including Switzerland, Singapore, and others," Lighton said, without naming specific clients. Diameter Pay is registered as a money services business and as a money transmitter in New Jersey, Lighton said. The startup makes money by charging payment fees and selling directly to financial institutions that bring their customers onto the platform, he added. Diameter Pay has more than 10,000 end users live, according to Lighton. Diameter Pay said it will use the funding to expand its banking and payment capabilities, deepen its stablecoin and foreign exchange infrastructure, and keep investing in technology and compliance tools for cross-border dollar movement. As part of the Series A round, CMT Digital took a board seat, while Lightspeed Faction and SixThirty Ventures took observer seats, Lighton said. He added that Robert Pozen, former president of Fidelity Investments, is a senior advisor to the board. Diameter Pay has a team of 20 people, with its core team in the U.S. and additional teams in Argentina, Poland, and Nigeria. The startup is hiring a chief technology officer and chief commercial officer.
• 한국어Diameter Pay는 미국 달러에 대한 글로벌 접근성을 확대하는 데 초점을 맞춘 스테이블코인 결제 인프라 스타트업으로, CMT Digital과 Lightspeed Faction이 공동 주도한 시리즈 A 자금 조달 라운드에서 1,000만 달러를 모금했습니다. 이는 Diameter Pay의 첫 자금 조달 라운드이며, 시리즈 A 이전에는 부트스트랩 방식으로 운영되었다고 창립자 겸 CEO인 David Lighton이 The Block에 밝혔습니다. 이 라운드는 지분 형태로 구성되었으며 단일 트랜치로 마감되었다고 Lighton은 말하며, 자금 조달 과정이 4월에 시작되어 7월에 종료되었다고 덧붙였습니다. Lighton은 투자 후 평가액에 대한 언급은 거절했습니다. 이번 라운드의 다른 투자자로는 SixThirty Ventures, Stellar Development Foundation, Tech Council Ventures, Onigiri Capital 및 BitRock Capital이 포함됩니다. 2023년에 설립된 Diameter Pay는 은행, 핀테크 및 디지털 자산 거래소를 위한 결제 인프라를 제공합니다. 이 플랫폼은 고객에게 미국 달러 가상 계좌, 국내 및 국제 결제, 스테이블코인 온램프 및 오프램프, 그리고 미국 은행 파트너를 통한 컴플라이언스 통제 기능에 대한 접근을 제공합니다. Lighton은 이러한 가상 계좌를 통해 해외 핀테크 기업이 자체 고객에게 미국 달러 계좌를 제공할 수 있으며, Diameter Pay가 백그라운드에서 컴플라이언스 및 결제 통제를 처리한다고 말했습니다. 또한 이 계좌는 스테이블코인 인프라에 연결될 수도 있다고 덧붙였습니다. 스폰서 은행 파트너로는 Portage Bank와 SSB Bank가 있으며, 상장사이지만 공개되지 않은 세 번째 스폰서 은행도 있다고 Lighton이 말했습니다. 더 많은 은행이 온보딩 중이라고 덧붙였습니다. "스폰서 은행이 우리와 파트너십을 맺으면, 그들은 USD 결제 인프라에 대한 접근 권한을 우리가 사용할 수 있게 허용하고, 그 대가로 수수료 수익과 저비용 예금을 얻습니다,"라고 Lighton이 말했습니다. Diameter Pay는 2024년에 외국 은행을 위한 결제 처리를 시작했습니다. Lighton은 이 아이디어가 지진 이후 아이티에서 세계은행에서 근무하던 시절에서 영감을 받았다고 말하며, 그때 송금과 국경 간 결제의 개발 영향에 집중했다고 밝혔습니다. **미국 달러 접근성 확대** Diameter Pay는 미국 달러가 여전히 글로벌 무역과 결제의 기반이지만, 세계 여러 지역에서 이에 대한 접근이 점점 더 어려워지고 있다고 말합니다. 제재 및 자금 세탁 방지 위험이 증가하면서 코레스펀던트 은행들이 전체 시장에서 철수했으며, 그 결과 합법적인 기업들도 이러한 보호 장치가 차단하려는 불량 행위자들과 함께 글로벌 금융 시스템에서 배제될 수 있다고 이 스타트업은 덧붙였습니다. Diameter Pay는 올해 현재까지 100억 달러 이상의 결제 규모를 처리했다고 밝혔습니다. 클라이언트에는 "세계에서 가장 큰 민간 소유 핀테크 기업 중 일부와 스위스, 싱가포르 등 여러 금융 허브의 다양한 은행"이 포함된다고 Lighton이 말했지만, 특정 클라이언트 이름은 공개하지 않았습니다. Diameter Pay는 뉴저지에서 금융 서비스 사업체(MSB) 및 송금업자로 등록되어 있다고 Lighton이 말했습니다. 이 스타트업은 결제 수수료를 부과하고 고객을 플랫폼에 데려오는 금융 기관에 직접 판매하여 수익을 창출한다고 덧붙였습니다. Diameter Pay는 10,000명 이상의 최종 사용자가 활성화되어 있다고 Lighton에 따르면 밝혔습니다. Diameter Pay는 이 자금을 은행 및 결제 역량 확장, 스테이블코인 및 외환 인프라 강화, 그리고 국경 간 달러 이동을 위한 기술 및 컴플라이언스 도구에 대한 지속적인 투자에 사용할 것이라고 밝혔습니다. 시리즈 A 라운드의 일환으로 CMT Digital이 이사회 자리를 차지했고, Lightspeed Faction과 SixThirty Ventures는 옵서버 자리를 차지했다고 Lighton이 말했습니다. 그는 Fidelity Investments의 전 사장인 Robert Pozen이 이사회의 선임 고문이라고 덧붙였습니다. Diameter Pay는 20명의 팀을 보유하고 있으며, 핵심 팀은 미국에 있고 추가 팀은 아르헨티나, 폴란드, 나이지리아에 있습니다. 이 스타트업은 최고 기술 책임자(CTO)와 최고 상업 책임자(CCO)를 채용 중입니다.