One of Wales' leading fintech firms, Delio Wealth, has acquired a new HQ building in the centre of Cardiff to deliver its ambitious growth plans.
On the back of a recent £3m investment boost in the white-label private asset platform venture, a group of investors, alongside Delio’s chief executive Gareth Lewis, have acquired new refurbished offices at Windsor Place — space vacated by Hodge Bank after its move to the 1 Central Square office scheme.
Mr Lewis said he hopes the move will prove a catalyst for further developments in the fintech sector in South Wales.
He added: “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.
Delio's technology connects 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. Its clients include top-tier banks and angel networks, including Barclays, ING, Coutts and UK Business Angels Association (UKBAA).
