10x - About the company
10x is a series C company based in London (United Kingdom), founded in 2016 by Brad Goodall and Antony Jenkins. It operates as a Developer of a cloud-native SaaS platform for core banking services. 10x has raised $349M in funding from investors like BlackRock, Oliver Wyman and Nationwide, with a current valuation of $*****. The company has 313 active competitors, including 42 funded and 31 that have exited. Its top competitors include companies like Thought Machine, ION Group and Tuum.
Company Details
Developer of a cloud-native SaaS platform for core banking services. The platform delivers retail, SME, corporate, and commercial banking products. It offers features such as product creation, customization, and aims to provide secure and resilient cloud-based solutions. The platform is designed to scale and adapt to evolving business needs.
- Website
- www.10xbanking.com/
- Email ID
- *****@10xbanking.com
- Registered Address
- SUITE A, 5TH FLOOR,33 HOLBORN,LONDON,GREATER LONDON,UNITED KINGDOM,EC1N 2HT
Key Metrics
Founded Year
2016
Location
London, United Kingdom
Stage
Series C
Total Funding
$349M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 16, 2021
Ranked
4th among 313 active competitors
Annual Revenue
£21.8M as on Dec 31, 2023
Employee Count
253 as on Mar 31, 2026
Similar Companies
Legal entities associated with 10x
10x is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
10X BANKING TECHNOLOGY SERVICES LIMITED CIN: 11262659 , United Kingdom, Active | $27.2M (As on Dec 31, 2023) | - | ||
10X FUTURE TECHNOLOGIES SERVICES LIMITED CIN: 11262659 , United Kingdom, Active | Mar 18, 2018 | $6.37M (As on Dec 31, 2018) | - | |
10X BANKING TECHNOLOGY LIMITED CIN: 10146101 , United Kingdom, Active | Apr 24, 2016 | - | - | |
10X BANKING TECHNOLOGY HOLDINGS LIMITED CIN: 10411015 , United Kingdom, Active | - | - |
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10x's funding and investors
10x has raised a total funding of $349M over 4 rounds. Its first funding round was on Sep 15, 2017. Its latest funding round was a Series C round on Jan 16, 2024 for $*****. 2 investors participated in its latest round. 10x has 10 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of 10x:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 16, 2024 | 7462911 | Series C | 3016096 | 9958280 | 9785978 | 9619675 |
Jun 01, 2021 | 2134035 | Series C | 4594889 | 4762285 | 3430833 | |
Feb 28, 2019 | 6954308 | Series B | 5829040 | 8831378 | 7035647 |
View details of 10x's funding rounds and investors
10x's founders and board of directors
Founder? Claim ProfileHere are the details of 10x's key team members:
- Brad Goodall: Former Co-Founder of 10x and founder of 2 other companies, Pay by B and Banked. They serve on the board of 1 company.Contact Info: 2 email addresses
- Antony Jenkins: Founder & CEO of 10x. They serve on the board of 1 company.
10x's Board of Directors
10x's board has 2 active members. Antony Jenkins and Tam Holmes are part of team.Here is the list of 10x's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 8y 0m | |
muzrdhi | Team | - | Past | 2y 1m |
zvuxcyi | Team | - | Current | 4y 9m |
krgvwfm | Team | - | Past | 1y 2m |
View details of 10x's Founder profiles and Board Members
10x's employee count trend
10x has 253 employees as of Mar 26. Here is 10x's employee count trend over the years:
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10x's Competitors and alternates
Top competitors of 10x include Thought Machine, ION Group and Tuum. Here is the list of Top 10 competitors of 10x, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Thought Machine 2014, London (United Kingdom), Series D | Developer of a cloud-based platform for core banking | $706M | 70/100 | |
2nd | ION Group 1998, New York City (United States), Late Stage | Treasury management solutions for financial institutions and banks | $400M | 68/100 | |
3rd | Provider of a cloud-native API-first core banking platform | $49.8M | 66/100 | ||
4th | 10x 2016, London (United Kingdom), Series C | Developer of a cloud-native SaaS platform for core banking services | $349M | 63/100 | |
5th | Cloud-agnostic core banking solution | $30.7M | 62/100 | ||
6th | BKN301 2021, London (United Kingdom), Series B | Provider of Banking-as-a-Service orchestration platform | $67.7M | 60/100 | |
7th | Roinet Solution 2012, Gurugram (India), Seed | Developer of financial inclusion and digital finance and banking solutions to under-served communities | $2.2M | 59/100 | |
8th | Full-stack payment infrastructure powering how businesses in Pakistan accept, send, and manage money | $3.5M | 57/100 | ||
9th | Finxact 2016, Jacksonville (United States), Acquired | Provider of cloud-based core banking software | $74.8M | 57/100 | |
10th | Pathward 1954, Sioux Falls (United States), Early Stage | Provider of financial infrastructure and solutions for businesses. It offers banking infrastructure, technology resources, and collaborative support to third-party partners for delivering banking programs. The company also provides various financial solutions to businesses, including working capital, equipment financing, and structured finance, enabling access to funds for growth. A focus on financial inclusion is evident in its services and commitment to supporting clients' financial success. | $500K | - | 57/100 |
Looking for more details on 10x's competitors? Click here to see the top ones
10x's Investments and acquisitions
10x has made no investments or acquisitions yet.
Reports related to 10x
Here is the latest report on 10x's sector:
News related to 10x
Media has covered 10x for a total of 11 events in the last 1 year, 6 of them have been about partnerships and 2 about company updates.
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Validata Partners with 10x Banking for AI-Driven Digital Banking Data MigrationGlobal Fintech Series•Mar 03, 2026•Validata, 10x
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10x Banking, HassemPrag Partner to Digitize African BanksConnecting Africa•Feb 12, 2026•10x, HassemPrag
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10x Banking and Constantinople Win Partnership Award at FF AwardsFintech Finance•Dec 04, 2025•Constantinople, 10x
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Co-operative Bank partners with 10x Banking for digital upgradeChannelLife•Aug 13, 2025•Coopertive Bank, 10x
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The Co-operative Bank Chooses 10x Banking for Digital Transformation in New ZealandFintech Finance•Aug 11, 2025•Co-operative Bank, 10x, West Brom, Reading Cooperative Bank
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10x Banking & Constantinople Partner to Boost Banking in APACFintech Finance•Jun 25, 2025•10x, Constantinople
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10x Banking Announces New AI Capabilities to Accelerate Core Banking TransformationBusiness Wire•Apr 22, 2025•10x
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