Diameter Pay Raises $10 Million to Expand Global Access to the US Dollar
Summary
Diameter Pay raised $10 million in a Series A round led by CMT Digital and Lightspeed Faction, with participation from several other investors. The company builds a platform that gives banks, fintechs, and digital asset exchanges access to U.S. dollar accounts and payment rails through a single API. Its product includes virtual accounts, domestic and international payments, stablecoin on- and off-ramps, and embedded compliance controls. Diameter Pay says it has processed more than $10 billion year-to-date in 2026 and will use the new capital to expand banking, payments, stablecoin, FX, and compliance capabilities.
Funding
Amount
$10.0M
Total raised
Date
September 3, 2026
Announcement date
Investors
Tech Council Ventures
Lead investors
Company
diameterpay.com
Funded company
AskAI Classifications
Sectors
Fintech, Banking and Payments
General Fintech
Payment Processing
Functions
No functions detected
Linked Companies
Diameter Pay
up to $1M