10x Banking

London, United Kingdom Founded: 2016 • Age: 10 yrs Minicorn
Cloud-based core banking APIs are provided for process automation.

About 10x Banking

10x Banking is a Financial Services company based in London (United Kingdom) founded in 2016. It operates as a cloud-based core banking APIs are provided for process automation. It operates on a SaaS (Software-as-a-Service) model. 10x Banking has raised $402.69 million across 6 funding rounds from investors including Nationwide, JPMorgan Chase and Nationwide. 10x Banking was last valued at $741.13 million in June 2021. Its chief executive is Curt John Hess. Its website 10xbanking.com draws about 14 thousand monthly visits. 10x Banking offers products and services including Meta Core Platform and AI Banking Tools. Its focus areas include Banking Technology and Core Banking Platforms. Its legal entity is 10x Banking Technology Limited. Its competitors include nCino, ION Group, Tuum, Thought Machine and Backbase and 3 more; 8 of its 8 listed competitors have raised funding.

Company details

A cloud-native SaaS platform is provided by 10x Banking to power modern banking solutions. Services are focused on retail, SME, corporate, and commercial banking sectors. The meta core technology is designed to overcome legacy system limitations, enabling hyper-personalized products across geographies. Scalability and flexibility are ensured for launching new propositions and reshaping digital offerings. Support is extended to innovative banks, building societies, and mutuals worldwide.

  • Headquarters London, United Kingdom
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website 10xbanking.com
  • Social LinkedIn X Instagram
  • Legal Name 10X Banking Technology Limited
Key Metrics
  • Annual Revenue
    $27.18 M (USD)
    -1
    as on Dec 31, 2023
  • Net Profit
    -$60.82 M (USD)
    9
    as on Dec 31, 2023
  • EBITDA
    -$68.65 M (USD)
    7
    as on Dec 31, 2023
  • Total Equity Funding
    $402.69M (USD)

    in 6 rounds

  • Latest Funding Round
    $53.8M (USD), Series C

    Aug 2026

  • Investors
    Nationwide

    & 9 more

Products & Services of 10x Banking

10x Banking offers a comprehensive portfolio of products and services, including Meta Core Platform and AI Banking Tools.

Meta Core Platform
Core Banking Solution

A cloud-native platform for modern banking solutions.

AI Banking Tools
AI Solutions

AI tools are provided for banking innovation.

Funding Insights of 10x Banking

10x Banking has successfully raised a total of $402.69M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $53.8 million completed in August 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $402.69M
  • Total Rounds 6
  • Last Round Series C β€” $53.8M
  • First Round $45.22M

    (Sep 2017)

  • Investors Count 10

All 6 funding rounds of 10x Banking with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2026–Debt – Conventional––
–
Aug 2026$53.8MSeries C––
Jan 2024$50.94MSeries C–BlackRock, JPMorgan Chase
–
Jun 2021$187MSeries C$741.13MBlackRock, CPP Investments
Feb 2019$65.74MSeries B$218.44MNationwide, Oliver Wyman
–
Sep 2017$45.22MSeries A–Ping An, Oliver Wyman
Valuation history
DateValuationStage
Jun 2021$741.13Mβ€’β€’β€’β€’β€’β€’β€’β€’
Feb 2019$218.44Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $741.13M (Jun 2021). 10 investors in total: 9 institutional and 1 angel.

Investors in 10x Banking

10x Banking has secured backing from 10 investors, including institutional and angel investors. Prominent investors backing the company include Nationwide, JPMorgan Chase and Nationwide.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Diversified investment management firm and private fund focused on debt, equity, and secondary market investments in multiple sectors
1988blackrock.comNew York, United States
Financial services are provided to consumers and corporations worldwide.
2000jpmorganchase.comNew York, United States
Pension fund assets are managed for sustainable long-term growth.
1997cppinvestments.comToronto, Canada
Personal and business insurance products are offered by Nationwide.
1925nationwide.comColumbus, United States
Westpac is recognized as a leading Australian banking institution.
1817westpac.com.auSydney, Australia
Life and non-life insurance, banking, and financial services are provided.
1987pingan.comShenzhen, China
Nationwide Building Society is engaged in providing banking and financial services.
1846nationwide.co.ukSwindon, United Kingdom
Insurance risk management services are provided to clients worldwide.
1984oliverwyman.comNew York, United States
-
–ashgrovecap.com-

Michael Lockett

Angel investor focusing on Indian startups, experienced in tech and innovation.
–unknown_376dcea849e7414a9-
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Investor details for 10x Banking

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People of 10x Banking

34 people are tracked at 10x Banking (21 in leadership, 13 in team).

NameRoleGroup
Curt John Hess
CEOLeadership
Antony Jenkins
–Leadership
Stuart Coleman
Chief Technology OfficerLeadership
Graham Little
VP EngineeringLeadership
Milly Howard
Senior Human Resources Business PartnerLeadership
Nadir Guessoum
Chief Financial OfficerLeadership
Paulo Fernandes
Director Of EngineeringLeadership
Jack Adkins
Senior Talent Development PartnerLeadership
David Smith
Chief People OfficerLeadership
Tom Bentley
Chief Revenue Officer (cro)Leadership
Katherine Yeung
Chief Risk OfficerLeadership
Okan Ozaltin
Chief Product OfficerLeadership
Miles Wilson
VP ArchitectureLeadership
Katy Rowlands
Chief People OfficerLeadership
Matthew Perkins
Head Of People OperationsLeadership
Matthew Smart
Director Of EngineeringLeadership
Ross Harty
Director Of ProductLeadership
Tilen Faganel
Head Of Client Solutions ArchitectureLeadership
Hannah Fraser
Principal Talent PartnerLeadership
Dan Massie
VP Of ArchitectureLeadership

14 more people are available in the full profile.

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Timeline of 10x Banking

4 dated milestones of 10x Banking across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded 10x Banking is founded.
  2. Funding First funding round of $45.2M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series C, of $53.8M.

Competitors of 10x Banking

10x Banking has 8 listed competitors in our database, 8 of them funded. They include nCino, ION Group, Tuum, Thought Machine and Backbase, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ncino.com2011Wilmington, United States$221.56M1,833
Cloud-based API platform for banking operations is provided.
iongroup.com1998New York, United States$400M988
Treasury management solutions are provided for financial institutions and banks.
tuum.com2019Tallinn, Estonia$49.76M82
Cloud-native API-first core banking platform is provided for banks.
thoughtmachine.net2014London, United Kingdom$787.11M–
Cloud-based platform for core banking is developed via APIs.
backbase.com2003Amsterdam, Netherlands$128.51M2,000
AI-powered banking platforms are provided for operational growth.
nymbus.com2015Miami, United States$195.42M221
Cloud-based core banking solutions are offered to financial institutions.
ohpen.com2008Amsterdam, Netherlands$48.16M–
Developer of cloud-based core banking platform for retail mutual funds and savings accounts
finxact.com2016Jacksonville, United States$74.84M133
Cloud-based core banking software is delivered via open APIs.
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Detailed competitors of 10x Banking

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Web traffic of 10x Banking

The website of 10x Banking (10xbanking.com) receives about 14.2K visits a month.

  • Monthly visits
    14.2K

    ▼ 15.9% vs previous month

Similar websites

Websites whose visitors overlap most with 10x Banking. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
be10x.in
100%
1.5M#56,527View details
kriya.co
90%
36.5K#699,395View details
ibsintelligence.com
83%
84.9K#478,100View details
fintechmagazine.com
fintechmagazine.com
83%
–#149,934–
fintechfutures.com
83%
247.5K#188,215View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 13 similar websites and full traffic analytics for 10x Banking

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  • Audience overlap
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Top companies in Banking & FinTech Platforms

10 companies that operate in the same segment as 10x Banking (Banking & FinTech Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online business banking and financial workflow tools are provided.
2010San Francisco, California, United StatesUSD 546 MUSD 2.71 M1,807
Tide is recognized as a digital banking platform for businesses.
2015London, England, United KingdomUSD 180.56 M–3,462
Digital banking services are offered to individuals via mobile apps.
2012San Francisco, California, United StatesUSD 3.15 BUSD 1.96 B2,516
Banking solutions are provided for retail customers and businesses.
2015London, England, United KingdomUSD 1.73 BUSD 5.95 B20,299
Internet first bank for individuals and businesses
2015London, England, United KingdomUSD 2.37 BUSD 2.31 M3,786
Digital sustainable banking services are offered to consumers.
2013Los Angeles, California, United StatesUSD 865 M–237
Digital banking services are offered to consumers and businesses.
2014London, England, United KingdomUSD 1.01 BUSD 813.42 M2,835
Payment and banking solutions are provided to users and banks.
2015San Ramon, California, United StatesUSD 390 MUSD 532.2 K2,149
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.2 B–5,356
Digital banking services are provided for individuals and businesses.
2014Blyth, England, United KingdomUSD 852.48 M–556
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Related news about 10X Banking

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Frequently Asked Questions about 10x Banking

10x Banking was founded in 2016 and raised its 1st funding round 1 year after it was founded.

10x Banking is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Curt John Hess is the current CEO of 10x Banking.

10x Banking is a funded company, having raised a total of $402.69M across 6 funding rounds to date. The company's 1st funding round was a Series A of $45.22M, raised on Sep 2017.

Annual revenue of 10x Banking is $27.18M as on Dec 31, 2023.

A cloud-native SaaS platform is provided by 10x Banking to power modern banking solutions. Services are focused on retail, SME, corporate, and commercial banking sectors. The meta core technology is designed to overcome legacy system limitations, enabling hyper-personalized products across geographies. Scalability and flexibility are ensured for launching new propositions and reshaping digital offerings. Support is extended to innovative banks, building societies, and mutuals worldwide.

10x Banking's top competitors include nCino, Thought Machine and Tuum.

10x Banking offers Meta Core Platform and AI Banking Tools.

10x Banking has 10 investors. Key investors include Nationwide, JPMorgan Chase, Nationwide, Westpac, and BlackRock.

The valuation of 10x Banking is $741.13M as of Jun 2021.

10x Banking operates through 10X Banking Technology Limited.

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