Antony Jenkins
Founder & CEO
10x Banking
10x Banking provides a cloud‑native, modular core banking platform that lets banks replace legacy systems and quickly launch hyper‑personalized retail, SME, and corporate products. The SaaS solution combines configurable components with custom code support in any language, offering high availability (99.99% uptime) and high throughput (10k+ transactions per second) while supporting global scaling and integration via APIs and SDKs.
- Enterprise Software
- Financial Technology
- Software Only
Updated 12 days ago
Funding
Raised to date
$231.5MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
across 2 rounds
BCPJCNPA+1£35M · Undisclosed
Announced Jan 2024 · from article date
Disclosed cumulative: $231.5M
2/2
RoundDateAmountValuationInvestors
Founders
Product
Problem
Traditional core banking systems are either inflexible configuration‑based platforms that limit product innovation, or complex framework solutions that are costly and slow to implement, leaving banks unable to launch hyper‑personalized products quickly and at scale.
Solution
10x Banking offers a cloud‑native, modular core banking platform that combines the ease of configuration with the flexibility of custom code, enabling banks to develop and deploy retail, SME, and corporate banking products in any programming language. The platform provides pre‑built product fundamentals and a high‑throughput managed core (99.99% uptime, 10k+ transactions per second), allowing institutions to replace legacy systems without compromising performance or security. Its extensible architecture supports rapid product creation, localization, and integration with existing ecosystems via APIs and SDKs. By delivering a SaaS‑based solution, 10x reduces the time, cost, and risk associated with core transformations, giving banks the ability to scale into new geographies and market segments confidently.
Target Audience
Primary customers are incumbent banks, building societies, and mutuals seeking to modernize their core systems and launch personalized retail, SME, or corporate banking products across multiple geographies.
Features
- Cloud‑native, modular core with built‑in scalability (99.99% availability, 10k+ TPS) and tier‑1 security
- Hybrid configuration‑plus‑code approach supporting any language (.NET, Java, Python) via SDKs and APIs
- Pre‑built banking product fundamentals (accounts, payments, lending) that can be customized for retail, SME, and corporate use cases
- ProductKit development toolkit for fast creation, iteration, and deployment of new financial products
- Multi‑region, SaaS delivery model with global regulatory compliance support
- Extensible architecture allowing seamless integration with third‑party services and partner ecosystems