Nivoda

Nivoda is a London-based company that has created a platform which acts as a digital banking solution for buying and selling diamonds.It has the stated mission to create a place where the international diamond industry can trade together securely, profitably, and efficiently.

The company's platform is for businesses that both buy and sell diamonds and other jewelry. It allows for the automation of order confirmations, shipments, tracking, transfers, and accounting. Suppliers can sell on the platform and list their stock free of charge. They are notified of new order via email and Novida processes payments, after which it wires the supplier the money. It delivers the goods to the customer as well. Stock can be uploaded using the application programming interface, file transfer protocol, email, or the user's existing software.

The Novida platform also has a search engine so that clients can find specific diamonds, which can be viewed with the 360 degree images. There is also a dashboard that tracks purchases and invoices for the supplier.