Diem raises $5.5m to fuel the circular economy

Diem offers user an account, Visa debit card and money management tools but the firm is differentiating itself through a "cash out" feature that lets customers get instant credit for unwanted items. Using the Diem app, customers can get a valuation for their unwanted goods - books, clothing, electronics etc - in nanoseconds. If they choose to sell, Diem buys the goods directly and instantly credits the customer's account. Users send the products to Diem, which deploys the same evaluation tech
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