Private markets fintech Delio snapped up by iAltA

ChainWatcher · 2026-02-27T03:27:44+00:00

Delio offers technology solutions for private market asset management, serving over 50 financial institutions globally. Its Core OS simplifies alternative investing. iAltA's acquisition of Delio enhances its service for asset managers, addressing market needs.

ChainWatcher

2026-02-27 03:27:44

Abstract generation in progress

Delio provides the operating systems and investment structures that enable asset managers, wealth firms and other distributors to digitise, distribute, and report on private market products.

Its Delio Core OS leverages configurable, low-code tools and modules to commoditise the technologies and workflows for alternative investing.

The company’s technology is used by more than 50 global financial institutions across 18 regulatory jurisdictions, supporting over 12,000 end clients worldwide.

For WestCap-backed private markets infrastructure company iAltA the acquisition marks the third deal - after Verivend and Betterfront - since launch last year as it builds out its offering for asset managers and distributors.

Scott Ganeles, CEO, iAltA, says: “We founded iAltA because we saw a tremendous market need to solve systemic issues within the private market landscape for general partners and distributors.

“Delio has emerged as a digital infrastructure provider of choice for financial institutions seeking to integrate alternatives into their offerings while maintaining control over client experience.”

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