UK-based Delio Limited receives £2 million investment from Maven Capital

delio

Gareth Lewis, CEO, Delio

UK-based private equity house Maven Capital Partners has announced an investment of £2 million in a white-label software platform, Delio Limited in a bid to support the latter’s business expansion across Europe, Asia, the Middle East, and North America. The current total funding for Delio stands at £3.3 million.

According to the fintech, the funds raised will be utilized by Delio in the management of its private asset offerings as well as in the support of product innovation including enhancements to its SaaS solution.

James Darlington, Investment Manager at Maven, said, “Maven is delighted to support Delio as it seeks to expand its presence in a growing global market. The Company has successfully developed a highly scalable, technology-enabled solution which will drive a shift towards the streamlined and secure digital investment process of private asset transactions. We are fully supportive that the Co-Founders, Gareth and David, along with their dynamic and ambitious team, have the necessary sector experience and entrepreneurial drive to grow Delio to become a key player in the fintech market.”

Established in 2015 and headquartered in Cardiff, Delio’s platform is aimed at private banks, wealth managers, angel networks and investment funds. The platform assists the organizations in enhancing their service proposition by enabling them to share and access direct, private market investment opportunities internally and across their networks.

Gareth Lewis, Chief Executive at Delio, “The financial support will enable us to accelerate our hiring roadmap in key geographies, whilst continuing to look at how our flexible technology infrastructure and expertise can support the increasing number of organizations looking to do more in private markets. In doing this, we have identified a number of exciting ancillary opportunities where we can believe we can deliver further value to our clients.”

The fintech states that Delio’s solution allows investors to deliver full details of investments to their current client base and provides the investors with a detailed and consolidated view of their investments.

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