Specific financial details of the investment were not disclosed, but it was confirmed that the funds would help support the launch of Xpoint, which is expected to take place early this year.
The funding, Bettor Capital said, will also play a role in the expansion of Xpoint throughout the US and help the busines build on the announcement of its first major US sports betting partnership with the Sporttrade exchange.
Xpoint is seeking to secure similar partnerships with other operators and businesses within the US sports betting and igaming markets.