CrowdX and Delio join forces to increase liquidity across private investments
- Delio’s private markets technology supplements CrowdX’s existing secondary trading venue to increase liquidity for investors.
- The new investment platform will create easier access to fast growth companies, ranging from growth stage to pre-IPO stage
CrowdX, the venue for privately held companies and fintech Delio have joined forces to power an investment platform that connects professional and institutional investors with the fast growth companies of the future.
The platform opens up access to investment opportunities in early-stage UK businesses via primary private debt issuance plus primary and secondary private equity trading. Delio’s digital tools will facilitate easier access to investment opportunities, so brokers, family offices and discretionary fund managers can gain access to a range of growth to pre-IPO stage companies.
Mike McCudden, CEO at CrowdX said:
“Our technology already provides a robust platform for facilitating secondary market trading, so to ensure we could support businesses throughout their lifecycle, we needed a comparable facility to accommodate new issuance of securities as well. Our strong pipeline of primary issuers proves the appeal of our model, something which has been truly augmented by Delio’s existing track record.”
Historically, challenges with secondary market liquidity have served to limit the appeal of investing in private companies. However improvements in underlying technology means this is now changing, with the global secondary market seeing significant growth in recent years as a result. The new partnership will support CrowdX’s goal of creating a digitally connected ecosystem between privately-held businesses and investors that are actively seeking to deploy capital.
Gareth Lewis, chief executive and co-founder at Delio, said:
“Delio has championed the role of technology in democratising access to private markets for a number of years. At the same time, CrowdX is transforming how growth-stage companies raise capital while offering investors greater entrance and exit opportunities.
Our shared goal of improving how investors connect with private investment opportunities makes this a hugely exciting partnership. We’re delighted that CrowdX has selected Delio to power their primary distribution network.”
Delio’s technology powers the private markets propositions of more than 90 financial institutions globally, ranging from enterprise banks and wealth managers to angel networks and boutique investment firms. To find out more about how organisations like CrowdX use our digital tools to connect investors with alternative assets, take a look at our client stories.