10x Banking Raises £35 Million to Expand Cloud-Native Core Banking Operations

London-based 10x Banking, a provider of cloud-native SaaS core bank operating systems, has secured £35 million in a recent funding round led by existing investors BlackRock and JPMorgan Chase. The funds will be utilized to support the company's global expansion efforts after its recent launch in Australia and New Zealand. Led by CEO Antony Jenkins, COO Curt Hess, and CPO Okan Ozaltin, 10x Banking offers a cloud-native core banking platform designed to provide banks with tools, integrations, and support for customer understanding, product release, data utilization, and connected experiences. The platform, available globally via AWS, simplifies deployment, integration, and infrastructure operations for financial institutions.