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10x Banking
Cloud native core banking platform
- 201-500 employees
- Fintech
- B2B
- Banking
- SaaS
- Westminster, London, UK
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Company mission
Our aim is to transform banking - we believe in making banking 10x better for customers, banks and society.
Our take
10x Banking is a fintech startup aiming to help big banks manage their transition to digital services. 10x Banking has hundreds of experts with world-class digital delivery expertise that work on creating effective tools allowing banks to digitalise their operations.
10x Banking sets itself apart through its next-generation cloud-native technology platform which uses the latest cloud technologies to address banks' core architecture challenges. For example, the platform allows banks to quickly connect third-party services, which reduces the time and costs associated with complex integrations. What's more, 10x Banking has built a user-friendly platform that enables clients to quickly create and release new products to markets - according to the company, banks using its service can release a product in minutes.
10x Banking is currently focused on further expansion of its international operations, particularly in the Asia-Pacific region where the majority of banks are losing customers due to slow digital transformation. Moving into this market should provide ample opportunities for 10x Banking to continue its growth, as there are over half a billion potential customers in this region who are underserved by traditional financial services.
Kirsty
Company Specialist
Benefits
- Income Protection
- Subscription to Headspace wellbeing app
- Enhanced parental policies, including time off for fertility treatment
- Enhanced company sick pay
- Life Assurance
- 30 days off in addition to the Bank/Public Holidays (25 days of Annual leave + 4 x Wellbeing Days + 1 day off on or around your birthday)
- Regular social gatherings and affinity groups
- Sabbatical leave
- Options pool
- Private health insurance, with the option to add your family
- Private pension
Company values
- Transformation
- Integrity
- Impact
Funding (last 2 of 4 rounds)
Jan 2024
$45m
LATE VC
Jun 2021
$187m
SERIES C
Total funding: $296.5m
This company has top investors
Founders
Antony Jenkins CBE
(Chair & CEO)They also serve as the Group Chairman of Currencies Direct, a board member of Blockchain and Board Director for Fannie Mae. they are also an external member of the Prudential Regulation Committee.
Amanda Jenkins
(Impact Manager)They are a UK board member for Teach for All and Reboot the Future. They also participate in donating groups, mentors, advises and supports small charities..
Diversity & Inclusion at 10x Banking
Farhana Kuddus (Head of Equality, Diversity & Inclusion)
- A series of colleague-led networks across 10x showcase, celebrate and nurture diverse perspectives, experiences and skills that, together, make us 10x stronger. We believe diversity is not only important for us as a business, it’s the right thing to do.
- We run bi-annual wellbeing months with focused activities covering all aspects of personal wellbeing, from nutrition education, mindfulness, sleep workshops and physical health challenges.
- We have established a dedicated Women in 10x network to drive gender diversity across all functional roles, and seniorities. We work with an increasing network of partners to help us become a more inclusive employer. We are on track for 40% female representation in senior management roles by December 2021.
- The 10x Black Professional’s Group is one of the cross-functional teams providing support, and an open space within the business for us to be 10x better.
- The 10x Pride Network work together to maintain a safe and inclusive workplace for LGBT+ professionals. Our 10x Pride Network focuses on awareness and education around matters affecting the LGBT+ community and is supported by 10x colleague ‘allies’ and external partners such as Stonewall.