3 years ago
Delio Secures $8.3 Million in Growth Funding Led by Octopus Ventures
Delio, a London-based fintech company focused on enabling access to alternative assets for financial institutions, raised $8.3 million in Growth funding
The round was led by Octopus Ventures, with participation from early-backer Maven Capital Partners, bringing Delio's total equity funding to $15.5 million
The company plans to utilize the funds for expanding international operations
Delio digitizes private market strategies for financial institutions, offering unlisted investment opportunities to their clients
They currently serve over 90 institutions worldwide, including Barclays, UBS, and Sumitomo Mitsui Trust Bank.
ProblemFinancial Services
"Financial institutions are struggling to make private market investments such as private equity, debt and real estate accessible to their clients"
Solution
"Delio provides a digital platform for financial institutions to offer their clients unlisted investment opportunities"