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10x Banking logo — The world's most powerful cloud-native core banking platform

10x Banking

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

Founded 2016 United Kingdom London, United Kingdom 242 employees Total: $321.00M Financial Services, Fintech +2

General Information

Company Name 10x Banking
Founded Year 2016
Location United Kingdom London, United Kingdom
Founders / Decision Makers
Team member Team member
Employees 242
Industries Financial Services, Fintech, SaaS +1
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Usage Based, Service Fee
Offices as of Sep 2026
London, United Kingdom Sydney, Australia
Social

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Event Participation Sep 24, 2026

10x Banking has been shortlisted for Best Core Banking System at the Banking Tech Awards, hosted by Informa Connect.

Major Customer Win Sep 24, 2026

10x Banking is working with OM Bank, a customer now scaling towards one million customers.

New Partnership Sep 04, 2026

10x Banking celebrated a partnership with Constantinople, having played a part in the successful migration of MoveBank.

Get alerts when 10x Banking shows new signals

About 10x Banking

10x Banking, founded in 2016 by former Barclays CEO Antony Jenkins, offers a cloud-native core banking platform, designed to cater to financial institutions aiming for next-generation technology transformations. With a focus on scalability and continuous innovation, 10x Banking promises a fast, cost-effective modernization pathway, utilizing its API-first architecture to launch new products and streamline operations.

The platform has garnered trust through successful deployments at major financial players like Chase, Old Mutual, and Westpac, reflecting its capacity to manage brownfield estates and greenfield projects alike. 10x Banking operates from its headquarters in the United Kingdom with additional presence in Sydney, and proudly upholds its B Corp certification, underlining its commitment to inclusion and equality in banking technology.

Recently, the company secured a $45 million late-stage funding round on January 1, 2024, a testament to its market potential, backed by industry giants BlackRock and JPMorgan Chase. This support positions 10x Banking as a formidable player in the Financial Services, Fintech, SaaS, and Banking industries.

Taxonomy: cloud-native core banking, banking transformation, next-generation technology, API-first architecture, financial inclusion, bank modernization, real-time data integration, digital banking, platform for financial institutions, technology ecosystems integration, scalable banking solutions, banking innovation, B Corp certified, fintech solutions, transformational deployments

Services & Products

Cloud-native core banking platform
AI product development
Banking product creation and customization
Integration with partners and APIs
Digital offering enhancement

Target Customers

Alternative financiers Asset managers Non-bank lenders Customer-owned banks Mutuals and building societies Retail banks Corporate and commercial banks

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Round £40.00M 3
BlackRock AshGrove Capital
BlackRock, AshGrove Capital +1
04 Aug 2026
Late VC $45.00M 2
BlackRock JPMorgan Chase
BlackRock, JPMorgan Chase
01 Jan 2024
Series C $187.00M 7
CPP Investments BlackRock Westpac
CPP Investments, BlackRock +5
01 Jun 2021
Series B £15.00M 1
Nationwide
Nationwide
01 Mar 2019
Series A £34.00M 2
PING AN
PING AN, Oliver Wyman
01 Sep 2017

Latest News

View All
10x Banking banks £40M in debt and equity raise — Tech
10x Banking banks £40M in debt and equity raise
Tech Aug 04, 2026
Thought Machine lands $40M funding from bank, surpasses $100M in annual revenue — Tech
Thought Machine lands $40M funding from bank, surpasses $100M in annual revenue
Tech Jul 06, 2026
Thought Machine wins major core banking deal with JP Morgan Chase — Fintechfutures.com
Thought Machine wins major core banking deal with JP Morgan Chase
Fintechfutures.com Mar 26, 2025
“We are starting to see interest from continental Europe,” says startup looking to shake up banking... — Tech
“We are starting to see interest from continental Europe,” says startup looking to shake up banking industry
Tech Sep 19, 2024
16 UK soonicorns to watch — Sifted
16 UK soonicorns to watch
Sifted Feb 08, 2024
January 2024 is turning out to be one flurry of activity after another for European tech — Tech
January 2024 is turning out to be one flurry of activity after another for European tech
Tech Jan 25, 2024

10x Banking Alternatives & Competitors

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10x Banking vs
Fimple
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10x Banking vs
Tuum
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10x Banking vs
Thought Machine
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525 employees
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FAQ About 10x Banking

The world's most powerful cloud-native core banking platform
10x Banking was founded in 2016.
10x Banking is headquartered in London, United Kingdom. As of Sep 2026, it also has offices in Sydney, Australia.
10x Banking operates in Financial Services, Fintech, SaaS and Banking. Its work centres on cloud-native core banking, banking transformation, next-generation technology and API-first architecture. Its customers include Alternative financiers, Asset managers and Non-bank lenders.
10x Banking has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Usage Based and Service Fee.
10x Banking has approximately 242 employees.
10x Banking has completed 5 funding rounds, raising a total of $321.00M.
10x Banking offers: Cloud-native core banking platform, AI product development, Banking product creation and customization, Integration with partners and APIs, Digital offering enhancement.
Top alternatives and competitors to 10x Banking include Fimple, Tuum, Thought Machine, Form3, Finxact. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
10x Banking and Fimple are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for 10x Banking, https://bouncewatch.com/company/10x-banking, updated 26 September 2026. When citing, please name BounceWatch and link this page.

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