UK Fintech Delio Secures £1 Million Through Latest Funding Round; Appoints New Leadership

UK-based fintech Delio announced on Monday secured £1 million through its latest funding round led by the Development Bank of Wales. Together with participation from new and existing private investors, the investment supports Delio’s ongoing expansion in Europe, Asia, and the Middle East.

Founded in 2015, Delio describes itself as a complete white label platform solution for private assets, helping financial institutions and their advisors enhance their offering through connecting private deal flow with (ultra) high net worth capital. The company revealed:

“Providing flexibility and control, our configurable platforms can connect together multiple institutions so deal flow can be shared both internally and externally, increasing scalability in a structured, compliant manner. Delio is building a series of multi asset-class, connected private markets for a range of use cases. Examples include direct equity, impact investing, private debt and real estate.”

The funding and expanded leadership team tops a successful year which has seen Delio enter into a number of partnerships with Coutts, ING, and the UK Business Angels Association (UKBAA). As well as working on the ‘Align 17’ impact investing initiative, which is supported by UBS and the World Bank, Delio is also part of the Fintech Hive program in Dubai. The fast-growing list of firms using Delio’s digital solutions includes top-tier banks, family offices, and angel networks.

Delio’s latest funding success comes as the company appoints two key signings to bolster its leadership team. Gareth Morgan, former Chief Risk Officer of HSBC Private Bank in the Asia Pacific, was named Chief Risk and Compliance Officer, while Andy Samuel joins as Chief Technology Officer after holding a number of executive roles at Virgin Money, Iron Mountain, and Target Group. Gareth Lewis, Co-Founder and CEO of Delio added:

“Following our success over the last 12 months, this latest investment allows us to accelerate our growth and build on our existing achievements into the new year. Gareth and Andy are both fantastic additions to our team and we’re all really excited to have them on board. As we continue to grow our already burgeoning global client base we will be looking to strengthen our team further still.”

Sponsored Links by DQ Promote


Send this to a friend