Tech Company Financing Transactions
10x Banking Funding Round
On 1/16/2024, 10x Banking landed $44.5 million in funding from BlackRock and JPMorgan Chase Bank.
Transaction Overview
Company Name
Announced On
1/16/2024
Transaction Type
Venture Equity
Amount
$44,464,000
Round
Undisclosed
Investors
Proceeds Purpose
10x Banking said the funding would help it capitalise on the momentum in the core banking market, which it has been serving since 2016 when the business was founded by former Barclays group CEO Antony Jenkins.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
33 Holborn
London, EC1N 2HT
UK
London, EC1N 2HT
UK
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
We created 10x to build better banks - banks that put the customer at the centre of all they do. Using our proprietary cloud-native core banking platform, SuperCore®, we enable client banks and providers of financial services to give their customers more timely and relevant experiences and insights when it comes to managing money in an increasingly digitally-connected world.
Management Team
Title
Name
Email & Social
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We do our best to record every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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