Delio has raised a further USD8.3 million to enable financial institutions of all sizes to create greater investor access to alternative assets such as private equity, private debt, and real estate.
The fintech, which digitises the private markets strategies of leading banks, wealth managers and other financial firms, received the backing from Octopus Ventures, one of Europe’s most active venture capital investors. Additional investment from early-backers Maven Capital Partners brings the total equity funding raised by Delio to USD15.5 million.
The USD8.3 million investment will further enhance Delio’s international operations and lay the foundations of its non-conflicted private markets infrastructure. This digital network will connect capital raisers, financial institutions and investors on a global scale and share investment opportunities on an institution-to-institution basis.