10x Banking Secures New Funding Round
Published on
London, United Kingdom – 10x Banking has announced that it has successfully secured a
substantial new funding round. The London-based fintech firm specializes in developing next-generation
banking platforms and digitizing financial services for both traditional institutions and tech startups.
The latest funding round, led by prominent global investment firms, raised a total of $150 million. This
significant injection of capital will enable 10x Banking to further accelerate its growth, expand its
product offerings, and drive innovation in the financial technology sector.
Revolutionizing the Banking Industry
Founded in 2016 by Antony Jenkins, the former CEO of Barclays, 10x Banking has quickly emerged as a leading
player in the fintech space. By leveraging cloud-based solutions, open APIs, and cutting-edge technologies,
the company aims to create a transformative banking experience that enhances operational efficiency,
customer engagement, and business agility.
With the new funding, 10x Banking plans to strengthen its workforce by hiring top talent across technology,
engineering, and product development. The company believes that investing in exceptional talent is crucial
to maintaining its competitive edge and delivering industry-leading solutions.
Industry Impact and Recognition
10x Banking’s disruptive approach has already had a profound impact on the industry. Its digital platforms
have empowered banks and financial institutions to streamline their workflows, improve user experience, and
shorten time-to-market for new financial products.
The company’s innovative solutions have earned widespread recognition within the industry. 10x Banking was
awarded “Fintech Innovation of the Year” by the Financial Innovation Awards for its ground-breaking open
banking architecture.
The Future of Banking
With this new influx of funding, 10x Banking is poised to continue driving the future of banking. By
forging strategic partnerships and continuously pushing the boundaries of technological innovation, the
company aims to bring financial services into the digital age and redefine the way people interact with
their money.
As traditional banks recognize the importance of digital transformation, 10x Banking’s comprehensive
platform is well-positioned to meet the evolving needs of the industry. Its commitment to simplicity,
security, and customer-centricity makes it an attractive choice for financial institutions looking to
enhance their digital capabilities and stay competitive.
With the latest funding round, 10x Banking not only secures its own future but also paves the way for a
banking revolution that will shape the financial landscape for years to come.