Delio bags $250k loan to launch new Manchester office

UK-based Delio has reportedly received a ?250,000 loan from Greater Manchester Export Fund to support the opening of its new office.

The company is a white label platform for wealth management firms, banks and other financial institutions to help with their involvement within the direct private market and peer-to-peer investment sector.

Through the platform users can connect with multiple institutions allowing for deal flow to be shared both internally and externally and increasing scalability in a structured, compliant method.

Delio will use this capital will be used to open a new office in Manchester and expanding its team with the creation of 20 new jobs, according to various reports in the media. Currently the company has offices in Cardiff, London and Brussels.

Copyright ? 2017 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research


The following investor(s) were tagged in this article.