10x Future Technologies Raises $187M in Series C Funding

10x Future Technologies, a London, UK-based fintech company, raised $187m in Series C financing.

The round was co-led by funds managed by BlackRock and Canada Pension Plan Investment Board (CPP Investments) with participation from existing investors JPMorgan Chase, Nationwide, Ping An and Westpac.

The company will use the funding for its expansion plans into new markets, including North America, as well as further investment into the development of the cloud native 10x SuperCore™ platform.

Led by Antony Jenkins, Founder, Chair and CEO, 10x Future Technologies provides a cloud native SaaS bank operating system which enables banks to deliver products, services and customer experiences to retail and SME customers.

The platform supports customizable product behaviours and accounting rules, integrates with banks’ wider technology estates and harmonises with local and regional compliance and regulatory requirements.

Clients include Nationwide and Westpac, among others.

FinSMEs

16/06/2021