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