DEFAULT GROUP

Welsh Entrepreneur Acquires HQ to Cement Fintech Presence in Welsh Capital

SHARE
,

Welsh scale-up Delio is relocating to new premises in the heart of Cardiff, continuing its commitment to being a leading success story in the Welsh fintech sector.

After a recent £3 million investment boost in the white-label private asset platform business, a group of investors alongside Delio’s chief executive Gareth Lewis purchased the new state-of-the-art office on Windsor Place.

With the move, chief executive and co-founder Gareth Lewis hopes to create a catalyst for further developments in the fintech sector in South Wales.

He said:

“The relocation to Windsor Place highlights how much Delio has been able to grow in Wales since its early days.

“I am really excited to move our team into this new space. Not only will it suit our ever-growing team, but it will also extend our relationships in the local community. As we continue to expand globally, we remain proud of our Welsh roots.

“The world of finance and wealth management is thriving at a rapid speed, so we must create the foundations for our vibrant team to develop alongside this and grow as individuals. This new space enables our technology and operations teams to work closely together in an agile and collaborative environment.”

The close to 4,000 sq. ft refurbished office space will accommodate over 50 employees across three floors with further capacity to grow.

The white-label private asset platform provider uses their technology to connect high net worth individuals with private deal flow more efficiently, reducing risk and increasing revenue in the process.

Delio works with a diverse range of financial institutions across the UK and abroad and was recently named FinTech Scale-Up of the Year at the Fintech Awards Wales. Its clients include top-tier banks and angel networks, including Barclays, ING, Coutts and UK Business Angels Association (UKBAA).