Sarine Technologies and Delgatto Diamond Finance Fund Revolutionize Rough Diamond Financing in New Collaboration

Sarine Technologies has signed a strategic cooperation agreement with the Delgatto Diamond Finance Fund (DDFF) that will enable DDFF to “significantly” increase the amount of capital it provides to the rough sector, as well as expand the types of structures it offers enable more efficient rough diamond financing, starting from January 15th.

The fund will be introducing a new service for rough diamonds, which will employ Sarine’s technological solutions for its unique way of mapping, identifying and evaluating rough diamonds. Named Del Gatto 360, Powered by Sarine, interested parties will now be able to finance the rough diamonds they have with end-to-end traceability fully documented by the Sarine Diamond Journey solution, says Sarine.

“For the first time ever, all the elements of the diamond supply chain are aggregated and made simple due to the joining of Sarine’s technologies and DDFF’s alternative financing solutions. This opens up the sourcing process to everyone in the industry, even companies without the skill set of rough analysis or manufacturing, as well as providing the financial help to those that don't have the required capital. A seat is now being offered at what used to be a very exclusive table,” says Chris Del Gatto, chairman and CEO of the DDFF.

Under the agreement, Sarine will be remunerated based on a percentage of the financing extended by the DDFF, with additional remuneration, if the financed entity opts for the Del Gatto 360 extended services – manufacturing and, or sales.

Source: Sarine Press Release
Photo Credit: Sarine Website