10x Banking secures strategic investment, forging ahead in core banking innovation

10x Banking secures strategic investment, forging ahead in core banking innovation

10x Banking, a transformational player in the FinTech industry, has closed a fresh round of investment.

Founded by former Barclays CEO Antony Jenkins, this innovative cloud-native SaaS core bank operating system is at the forefront of revolutionising the banking sector.

This significant financial boost comes courtesy of leading investors BlackRock and JPMorgan Chase, marking another milestone in 10x Banking’s ambitious journey. Their commitment underscores the industry’s confidence in 10x Banking’s mission to redefine banking through state-of-the-art technology and groundbreaking financial solutions.

At the core of this exciting development is Matt Mills, the newly appointed Chief Revenue Officer of 10x Banking. Mills, who has just transitioned from Featurespace, joins the leadership team with a wealth of experience and a clear vision. He is poised to play a pivotal role in steering 10x Banking through its next growth phase.

The vision for 2024 is clear and ambitious. As Mills puts it, “There has never been a more exciting time for banking transformation and core modernization, as banks across the world embark on this journey.

I’m incredibly excited to have joined a company with the strongest offering in this space, offering unparalleled resiliency and scale, combined with flexibility and speed beyond the rest of the market. Our mission is to enable banks to make banking better for their customers and society – 2024 is already set to be the most significant in our history, and I’m excited to be part of this journey.”

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