10x Banking Raises £35M in Funding

10x Banking, a London, UK-based cloud-native SaaS core bank operating system, announced a new round of funding.

The amount of the round, led by existing investors BlackRock and JPMorgan Chase, reportedly was £35M.

The company intends to use the funds to continue to expand operations and its business reach globally following its launch in Australia and New Zealand.

Led by Antony Jenkins, CEO, Curt Hess, COO, and Okan Ozaltin, CPO, and newly added Chief Revenue Officer Matt Mills, 10x Banking is a cloud-native core banking platform that gives banks the tools, integrations, and support they need to understand their customers, release products, unlock data, and deliver connected experiences. The solution is available globally via AWS and simplifies deployment, integration, and infrastructure operations.

FinSMEs

18/01/2024