Fluorescent nanodiamonds (FNDs) are becoming a pivotal material in a variety of applications spanning sensing, bio-labeling and nanophotonics. The unique feature of these nanoparticles is their ability to host bright, optically active, photostable defects (color centers) that emit across the entire spectral range. In conjunction with their chemical stability and the relatively known carbon chemistry, nanodiamonds are becoming a key player in modern technologies. This brief review will highlight some of the recent advances of FNDs with an emphasis on nanophotonics.