10x Banking

The world's most powerful cloud-native core banking platform

General Information
Company Name
10x Banking
Founded Year
2016
Location (Offices)
London, United Kingdom +2
Founders / Decision Makers
Number of Employees
307
Industries
Financial Services, Fintech, SaaS +1
Funding Stage
Series Unknown
Social Media

10x Banking - Company Profile

10x Banking is a UK-based startup founded in 2016, offering the world's most powerful cloud-native core banking platform. The company's slogan, "The world's most powerful cloud-native core banking platform," succinctly captures its mission. 10x Banking aims to revolutionize core banking technology by introducing the world's first "meta core," overcoming the limitations of existing core banking solutions. The platform's modular, highly scalable, and customizable core allows banks to create hyper-personalized products at high speed and low cost, supporting any programming language. Noteworthy is the recent £35.00M Venture Round investment led by BlackRock and JPMorgan Chase & Co. on 15 January 2024, reflecting confidence from major players in the financial industry. With a client portfolio including Chase UK, Old Mutual, and Westpac, 10x Banking offers Retail, SME, and Corporate/Commercial banks an accelerated, de-risked pathway to full cloud-native transformation. The company operates within the Financial Services, Fintech, SaaS, and Banking industries, positioning itself at the forefront of innovation and disruption in the financial technology sector.

Taxonomy: core banking, cloud-native technology, digital banking, banking transformation, modular banking platform, hyper-personalized products, scalable banking solutions, programming flexibility, cloud transformation, risk mitigation, accelerated deployment, banking technology, customizable solutions

Funding Rounds & Investors of 10x Banking (4)

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Funding Stage Amount No. Investors Investors Date
Venture Round £35.00M 2 JPMorgan Chase & Co. 15 Jan 2024
Series C $187.00M 6 JPMorgan Chase & Co., Ping An Global Voyager +2 14 Jun 2021
Series B £15.00M 1 Nationwide Building Society 07 Mar 2019
Series A £34.00M 1 Ping An Global Voyager 20 Sep 2017

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