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LONDON – Blockchain solution provider Finboot has secured a £2.4 million (US$3.35m) investment which will be used to expand operations and build the company’s team.   

The finances have been provided by the Development Bank of Wales, New Look founder Tom Singh and Spanish multi-energy company Repsol.  

Nish Kotecha, chairman and co-founder of Finboot, said: “We are delighted to have received this double endorsement from Repsol. The investment cornerstones our latest fundraising round, while the contract is testament to the capabilities of our technology and its ability to support and enhance efficiencies across enterprises.”  

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