Delos
Delos is a self-funded, multi-jurisdictional digital institutional banking and Banking-as-a-Service platform serving multinational corporates, banks, fintechs, and WEB3 companies across 80+ jurisdictions with multi-currency accounts, digital asset custody, instant settlement, and API or white-label integration.
- Company typePrivate
- Founded2023
- HeadquartersCheltenham, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Delos does
Delos is a privately-held, self-funded digital institutional banking and Banking-as-a-Service (BaaS) platform founded in 2023 and headquartered in Canada, with regional headquarters in Cheltenham, UK, and additional operations in Greece and Spain. The company serves multinational corporates, banks, fintechs, and WEB3 / digital asset companies from 80+ jurisdictions, addressing de-banking risk and the lack of compliant institutional-grade infrastructure that combines fiat and digital asset services. Its core product suite comprises Transactional Banking (multi-currency accounts, FX, corporate payments, digital asset custody) and an Infrastructure Platform delivered via API or no-code white-label integration, with the in-house FLICK instant settlement network, yield products offering up to approximately 8% APY, and institutional on/off-ramping services as supporting capabilities.
The underlying technology is a proprietary multi-partner core infrastructure with a real-time data model, execution layer, and ledger deployed on a high-availability disaster recovery (HADR) platform. Custodial architecture is custom-built and secured by Google KMS and the company's own HSMs, with permissions-based access controls and multi-redundant vendor integration at every breakpoint to support a 99.5% monthly uptime commitment. The platform spans 30+ fiat and digital currencies, connects to SEPA, SWIFT GPI, ACH, Fedwire, and digital asset rails, and exposes programmatic account management, fund loading, transfers, balance reporting, and webhook-based event notifications through a public API and white-label portal.
Delos monetizes through transaction fees, subscription fees, FX margins, professional services, and commission splits from BaaS partners, with quote-based custom enterprise pricing on multi-year BaaS contracts. The go-to-market combines direct enterprise field sales with specialist-led onboarding, a strategic partnership referral program targeting law firms and corporate service providers, and a self-service sign-up flow. Regulatory standing is anchored by MSB registration with FINTRAC in Canada and FinCEN in the US, Bank of Canada RPAA registration, UK company registration, and a pending Electronic Money Institution license application in Greece, with a £10M Hiscox Professional Indemnity policy underpinning institutional risk transfer.
Delos firmographics
Firmographics- Name
- Delos
- Legal name
- Delos Financial LTD
- Website
- https://delos-banking.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Delos is a self-funded, multi-jurisdictional digital institutional banking and Banking-as-a-Service platform serving multinational corporates, banks, fintechs, and WEB3 companies across 80+ jurisdictions with multi-currency accounts, digital asset custody, instant settlement, and API or white-label integration.
- Ownership category
- akta.pro rank
Delos industry classification
Industry- Product category
- Banking-as-a-Service Infrastructure
- NAICS
- Depository Credit Intermediation (5221), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Embedded Deposit Accounts & Digital Wallet Infrastructure (FSAGALAE)
- akta.pro secondary industries
- Tokenization, Network Vaults & Credential Management (FSAGABAF), Smart Contract Wallets / Account Abstraction (MPC/AA, social recovery, paymasters) (FSAPACAB)
Keywords
Where Delos is headquartered
LocationHeadquarters
- HQ city
- Cheltenham
- HQ country
- United Kingdom
- HQ region
- Europe
Offices6 records
Markets served
Delos business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Transaction Fees: Fees charged per payment or currency conversion processed through the platform.
- Subscription Fees: Platform access subscription fees for BaaS partners and enterprise clients.
- Foreign Exchange Margins: Currency conversion performed at system-published rates with margins retained by Delos.
- Professional Services: Integration, customization, training and advisory services billed per fee schedule.
- Commission Splits: Commission splits and revenue shares collected in Commission Account from Platform Partners.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Custom enterprise pricing based on use case and volume |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels4 records
Delos product offering
Product offeringCore offering
Delos provides a unified digital institutional banking platform that combines multi-currency transactional accounts, digital asset custody, foreign exchange, corporate payments, and yield products with access to global and local payment rails (SEPA, SWIFT GPI, ACH, Fedwire) plus digital asset and stablecoin rails. It sells both direct banking services to corporate clients and a Banking-as-a-Service infrastructure (API or no-code white-label) that enables fintechs, banks, and other partners to embed regulated fiat and digital asset banking experiences for their end users.
Product overview
Delos offers a unified digital institutional banking and financial technology platform consisting of two core product lines: Transactional Banking and Infrastructure Platform (Banking-as-a-Service). Transactional Banking provides multi-currency accounts, corporate payments, FX exchange, digital asset custody, and yield products through a proprietary architecture secured by Google KMS and own HSMs. The Infrastructure Platform enables partners to embed Delos's regulated stack via API or no-code white-label, deploying virtual accounts, wallets, payments orchestration, KYC, and digital asset services. Key features include the FLICK instant settlement network for real-time counterpart settlement, institutional on/off ramping with deep liquidity, and yield products earning up to ~8% APY. The platform supports 30+ fiat and digital currencies including USD, EUR, USDT and USDC, with access to SEPA, SWIFT GPI, ACH, and Fedwire rails.
Differentiator
Problem solved
Functional benefit
Brands
- FLICK: In-house instant settlement network for seamless fiat and digital asset transactions between counterparties.
- Banking-as-a-Service (BaaS)
Products and services
- Transactional Banking Multi-currency transactional accounts with built-in digital asset custody, native on/off ramping, foreign exchange, and corporate payments. Provides access to SEPA, SWIFT GPI, ACH, Fedwire and other local and global rails alongside digital asset and stablecoin payments across 30+ fiat and digital currencies for multinational corporates, banks, fintechs, and WEB3 companies.
- Infrastructure Platform (Banking-as-a-Service) Banking-as-a-service infrastructure that enables Platform Partners to embed and resell Delos's regulated banking stack via API integration or a no-code white-label portal. Provides virtual accounts, digital asset wallets, payments orchestration, KYC, and digital assets-as-a-service under a 99.5% monthly uptime SLA.
- FLICK Instant Settlement Network In-house instant settlement network that enables counterparties to settle transactions in real time across both fiat and digital assets directly through the Delos platform.
- Yield & Treasury Interest-bearing on-and-off-chain yield products offering up to approximately 8% APY, including programmable savings accounts that allow clients to earn yield on cash surplus.
Quantifiable outcome
- Launch unified digital asset and banking experience in as little as 2 weeks
- +2 more outcomes
Companies that use Delos
Customer profileSegments4 records
Ideal customer profiles4 records
Delos technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Delos partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and supporting.
- Tier-1 Correspondent BankscoreDelos operates as an intermediary between customers and third-party banks. Payment accounts and e-money services are provided by authorized and regulated correspondent banks and partners. This is a foundational element of Delos's service model.
- Third-Party CustodianscoreLicensed custodial institutions engaged by Delos to hold, safeguard and settle digital asset holdings. Digital assets are held separately by custodians and not on Delos's balance sheet.
- Digital Asset Settlement NetworkscoreIntegration with digital asset settlement networks enabling institutional on/off ramping and instant settlement services for digital asset transactions.
- Hiscox InsurancesupportingDelos Financial Group is insured by Hiscox under policy number PL-PSC10003719801. Coverage includes Professional Indemnity (£10,000,000), Cybercrime and Data (£2,050,000), Cyber Business Interruption, Legal Protection (£500,000), and Crisis Containment (£25,000).
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Delos competitors and assessment
Company assessmentDirect peers
- BCB Group: Institutional crypto-fiat banking and payments infrastructure serving digital asset firms, fintechs, and corporates across multiple jurisdictions. Highly comparable to Delos in target segment (WEB3, fintechs, banks) and product set (multi-currency accounts, FX, digital asset on/off ramps, BaaS-style services).
- BVNK: Payment infrastructure provider purpose-built for digital assets and global payouts, offering fiat-to-crypto on/off ramps and multi-currency accounts. Closely matches Delos's Transactional Banking proposition and its focus on digital asset / fintech clients.
- ClearBank: UK-based Banking-as-a-Service provider offering embedded current accounts, payment rails, and multi-currency infrastructure to fintechs and corporates. Direct competitor to Delos's Infrastructure Platform product and similarly positioned on regulated, API-first banking.
- Banking Circle: Cross-border payment and banking infrastructure for banks, fintechs, and corporates with multi-currency accounts and real-time settlement. Overlaps Delos on multi-rail payment infrastructure and the bank/fintech buyer segment.
- Wirex: Multi-currency crypto-friendly accounts and payments platform serving consumers and businesses, with both fiat and digital asset rails. Comparable to Delos's 30+ fiat/digital currency proposition and digital-asset-first positioning.
- Solaris SE: Berlin-based embedded finance platform providing BaaS, payments, lending, and digital asset infrastructure to fintechs and corporates across Europe. Direct competitor to Delos's white-label/API Infrastructure Platform and active in the same regulatory regimes.
- Railsr (formerly Railsbank): Embedded finance/composable banking infrastructure providing accounts, cards, payments, and KYC via API to fintechs and brands. Direct competitor to Delos's Infrastructure Platform BaaS offering.
Emerging players
- Fiat Republic: Banking-as-a-platform built specifically for WEB3 and digital asset companies facing de-banking. Highly comparable to Delos's WEB3 use case, though smaller scale and earlier stage.
Broad incumbents
- Currencycloud: Cross-border payments infrastructure platform (now part of Visa) serving banks, fintechs, and corporates with multi-currency accounts and FX. Comparable to Delos's multi-rail, multi-currency transactional banking layer at a more mature scale.
- MoneyGram: Global cross-border money transfer and payments incumbent with growing digital-asset on/off ramp capabilities. Overlaps Delos's multi-currency money-movement and WEB3 fiat rails at a much larger, established scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Delos social profiles
Digital presenceDelos compliance and trust
Trust signalCompliance7 records
Delos financial estimates
Financial estimateRevenue estimate
Valuation estimate
Delos leadership team
Management profileNumber of profiles
Profiles18 records
Delos subsidiaries and ownership
Company hierarchySubsidiaries3 records
Delos funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Delos M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Delos
What does Delos do?
Delos provides a unified digital institutional banking platform that combines multi-currency transactional accounts, digital asset custody, foreign exchange, corporate payments, and yield products with access to global and local payment rails (SEPA, SWIFT GPI, ACH, Fedwire) plus digital asset and stablecoin rails. It sells both direct banking services to corporate clients and a Banking-as-a-Service infrastructure (API or no-code white-label) that enables fintechs, banks, and other partners to embed regulated fiat and digital asset banking experiences for their end users.
Is Delos a public or private company?
Delos is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Delos founded?
Delos was founded in 2023. It employs 11 to 50 people.
Where is Delos based?
Delos is headquartered in Cheltenham, United Kingdom, in the Europe region.
How does Delos make money?
Five revenue lines are on record. Transaction Fees are the primary driver. The others are subscription Fees, foreign Exchange Margins, professional Services and commission Splits.
Who are Delos's main competitors?
Direct peers on record are BCB Group, BVNK, ClearBank, Banking Circle, Wirex, Solaris SE and Railsr (formerly Railsbank). Fiat Republic is listed as an emerging player. Broad incumbents are Currencycloud and MoneyGram.
Does Delos have an API?
Yes. Delos offers API integration for platform partners, providing programmatic access via API keys and webhooks. The API enables account management (open, close, manage accounts), fund loading, transfers, withdrawals, balance reporting, and transaction history. Webhooks are issued for transaction events. Partners can also opt for White Label Integration, a self-contained portal instance with Delos's branding. Documentation is available at docs.delos.financial. Developer documentation is at docs.delos.financial.
What industry is Delos in?
Delos's product category is Banking-as-a-Service Infrastructure. Its primary akta.pro industry code is FSAGALAE, Embedded Deposit Accounts & Digital Wallet Infrastructure, with a secondary code of FSAGABAF, Tokenization, Network Vaults & Credential Management. Its NAICS code is 5221 and its SIC code is 6199.