"Following our success, this investment allows us to accelerate our growth, continue to build a sustainable Delio infrastructure and expand into new markets internationally."
Delio is a fintech company based in Cardiff which provides digital platform for financial institutions and organisations to enhance their offering when connecting private deal flow with high net worth capital.
The company was formed in February 2015 after the co-founders spent 11 months developing their proposition. By January 2016 the business was already trading.
Delio received a £500,000 equity investment from the Development bank of Wales to help fund their expansion as they look to invest in recruitment and move to a larger premises. Delio currently employs over 30 members of staff primarily in Cardiff and abroad.