10x Banking

Overview
Activities
News
FinTech Infrastructure?
Product stageSegments
Growth
?
Banking services
?

UK-based 10x Banking (previously known as 10x Future Technologies) was founded by former Barclays CEO Antony Jenkins and offers the technical infrastructure to help banks modernize operations to face the threat from neobanks. With its “SuperCore” cloud-based, software-as-a-service (SaaS) bank operating platform that can be integrated into microservices using application programming interfaces (APIs), 10x offers solutions ranging from core banking to payments, mortgages, and analytics, and primarily caters to the banks’ retail and SME customers.

10x also helps legacy banks migrate their core data to extensible modern systems and its clients include the global financial institution Nationwide and Australia’s oldest bank, Westpac. 10x Banking also launched a new core technology category called "meta core" in July 2024, which is designed to help banks and financial services accelerate toward full transformation.

Key customers and partnerships

In August 2024, 10x Banking collaborated with Zafin, a digital banking solution provider, to enhance core banking systems for banks and financial institutions globally. The collaboration aimed to improve banks' and financial institutions' core banking systems by integrating Zafin's product and pricing capabilities with 10x's core banking platform.

HQ location:
33 Holborn London GBR
Founded year:
2016
Employees:
501-1,000
IPO status:
Private
Total funding:
USD 297.0 mn
Last Funding:
USD 44.5 mn (Series Unknown; Jan 2024)
Last valuation:
USD 700.0 mn (Jun 2021)
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