Venture Capital August 14, 2019

Delio secures £3.3mn VC investment, eyes scale-up

Tags: delio
Delio secures £3.3mn VC investment, eyes scale-up

Welsh FinTech Delio has received £3.3mn in venture capital investment.

In brief:

  • Delio creates white label private market technology platforms for financial institutions.

  • The capital will be used to scale up sales and marketing internationally, as well as locally with current plans for 15 new jobs at Delio’s Cardiff HQ.

  • The FinTech was founded in 2015 and has worked with the likes of Barclays and ING, as well as the FinTech Alliance.

What does this mean?

It’s yet more positive news for a UK FinTech, with CB Insights revealing in a report today that FinTech investment in the country has doubled year on year.

Read more here, or find out more about Delio on its community hub page.

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Written by FinTech Alliance

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