FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Metropolitan EIH19, LP

2. Date of Event Requiring Statement (MM/DD/YYYY)
8/18/2014 

3. Issuer Name and Ticker or Trading Symbol

DIRECT INSITE CORP [DIRI]

(Last)        (First)        (Middle)

70 EAST 55TH STREET, 15TH FLOOR

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            ___ X ___ 10% Owner
_____ Officer (give title below)          _____ Other (specify below)

(Street)

NEW YORK, NY 10022       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock, par value $.0001 per share   214211   (1) D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  The Reporting Peron acquired direct ownership of 214,211 shares of Common Stock of the Issuer on August 18, 2014 by distribution from Metropolitan Venture Partners, L.P. Metropolitan Venture Partners II, L.P. ("MetVP II") is the direct shareholder of 1,568,492 shares of common stock of the Issuer, constituting more than 10% of the outstanding shares of common stock. Metropolitan GP Holdings, LLC, SeriesMEIH19 ("MetGP"), the general partner of the Reporting Person, is managed by Metropolitan Equity Partners LLC ("MetEP"). MetEP is also the manager of Metroplitan GP Holdings, LLC, Series METVP II ("MetGP II"), the general partner of MetVP II. Pursuant to Rule 16a-1(a)(4) under the Exchange Act, this filing shall not be deemed an admission that, for purposes of Section 16 of the Exchange Act or otherwise, the Reporting Person is or was the beneficial owner of the securities owned by MetVP II.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Metropolitan EIH19, LP
70 EAST 55TH STREET, 15TH FLOOR
NEW YORK, NY 10022

X


Signatures
/s/ John M. DiFiore 8/28/2014
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.