Funding to accelerate Finboot’s platform, MARCO in the net-zero transition
Strategic investor together with Wealth Club played key role in bringing in specialist investors into the latest round
Today Finboot is announcing the completion of the first close of its latest funding round to accelerate the next phase of its growth strategy – with a particular focus on enabling companies and their net-zero transition through technology. This latest funding round has been led by a strategic investor together with Wealth Club.
Finboot helps its customers and partners accelerate their digital transformation, and by doing so helps them realise value and build trust through leading edge blockchain technology.
Finboot’s solution, MARCO, enables companies to incorporate blockchain within their value and supply chains, bringing traceability, transparency and compliance which, in turn, helps them meet sustainability and environmental, track carbon emissions and social and governance (ESG) requirements while also increasing operational efficiency.
Wealth Club is the UK’s largest investment service for high net worth and experienced investors and has played a key role in attracting investment for this latest round.
“The investment by a strategic investor who has tried, tested and implemented our technology and Wealth Club is a huge vote of confidence in the Finboot team, our strategy and our technology proposition – our no-code / low-code platform, MARCO.
“Finboot is bringing the next generation of supply chain tracking solutions to market which will enable large businesses to comply with current and future ESG regulations across the globe and enabling their net-zero transition.”
Nish Kotecha, Executive Chair and Co-Founder, Finboot
“We selected this investment in Finboot, as it meets our guiding principles of investing in commercially compelling companies whose missions have merit and which can deliver sustainable and attractive returns to our investors.”
Gayle Bowen, Director – Direct Investments, Wealth Club
Ends
About Finboot
Finboot is a technology company enabling digital traceability ecosystems for large industrial companies to help them gather and share supply chain and product data in a secure, reliable and trustworthy way. Our technology helps our clients substantiate their ESG and sustainability credentials, which leads to a stronger market position. We facilitate the core priorities of industry leaders to enable fast and easy adoption of digital traceability ecosystems powered by blockchain. Finboot is headquartered in Cardiff with a base in Barcelona. www.finboot.com
About Wealth Club
The aim of Wealth Club is simple. To provide high net worth individuals and sophisticated investors with clear, impartial and well researched information on investment opportunities not typically available through mainstream stockbrokers or financial advisers. Wealth Club was set up in February 2016 and is now the largest non-advisory broker of tax efficient investments such as VCTs, EIS and Inheritance Tax Portfolios. Since launch 11,000 clients have invested more than £1.1 billion through its platform.
