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[Funding alert] London-based 10x Banking Secures £35Million Funding

Jan 18, 2024 | By Startup Rise EU

London-based 10x Banking secures £35million funding. The round, which was allegedly worth £35 million, was led by JPMorgan Chase and BlackRock, two current investors.

London-based 10x Banking secures £35million funding. The round, which was allegedly worth £35 million, was led by JPMorgan Chase and BlackRock, two current investors.

After launching in Australia and New Zealand, the company plans to use the money to keep expanding its operations and its market reach internationally.

Read also -  WA-based Fullcast Secures $34M in Seed Funding

led by Chief Executive Officer Antony Jenkins, together with newly appointed Chief Revenue Officer Matt Mills, Curt Hess, COO, and CPO Okan Ozaltin.

With the help of 10x Banking, cloud-native core banking platforms, banks can better understand their clientele, launch new products, access data, and create seamless, linked experiences. The solution makes infrastructure operations, integration, and deployment simpler and is accessible globally through AWS.

Read also - MO-based Clever Real Estate Acquired Gravy Technologies

About 10x Banking

A fundamental banking platform that is cloud-native and improving banking tenfold for consumers, banks, and society. The foundation of 10x was established in the summer of 2016, based on concepts that many 10xers are all too familiar with from their time spent in the financial services industry: how to improve customer service in banks and how to leverage technology to bring about genuine change.

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