UK-based fintech Delio announced on Tuesday it secured £3 million in venture capital to continue increasing its presence across Asia, the Middle East, and North America. As previously reported, 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.”
Speaking about the investment, the Delio team stated:
“The success of the fundraise not only highlights the fast-growing potential within private markets, but also the trust and confidence investors put in Delio and its white label technology. It is our mission to support organisations that want to do more within private markets. To date we have helped some of the world’s leading financial institutions meet their objectives through our tech infrastructure. Now, thanks to the fundraise, we can take this to the next level and expand on a global scale.”
Delio’s team went on to add that with the investment, they are not only able to build our international sales team across key global financial locations, but also grow their existing HQ in Cardiff, South Wales.