Country for PR: United Kingdom
Contributor: PR Newswire Europe
Wednesday, February 02 2022 - 19:00
AsiaNet
10x Banking Follows $187m Series C Funding with Three Senior Hires to Fuel Global Growth
LONDON, Feb. 2, 2022 /PRNewswire-AsiaNet/ --

10x Banking (10x) [ https://www.10xbanking.com/ ] today announces the 
appointment of three senior sales and marketing leaders, to fuel the next stage 
of growth for the core banking technology provider.
 
These hires follow the firm's June 2021 announcement [ 
https://www.10xbanking.com/learn/series-c-announcement ] of an oversubscribed 
$187 million Series C financing round, co-led by funds managed by BlackRock and 
Canada Pension Plan Investment Board (CPP Investments), and supported by 
existing investors JPMorgan Chase, Nationwide, Ping An and Westpac. 10x is 
using the funding to support expansion plans into new markets as well as 
investing in further development of the cloud native SuperCore(TM) platform.

Since 2016 10x has focused on developing SuperCore, the secure, reliable, 
scalable and modular core banking platform. SuperCore is purpose-built to 
deliver products, services, and customer experiences to retail and SME 
customers faster and more cost effectively. 

SuperCore [ https://www.10xbanking.com/platform ] is enabling banks to serve 
customers better and using intelligent technology to deliver true 
transformation. In September 2021 Chase announced a partnership with 10x [ 
https://www.10xbanking.com/learn/10x-banking-teams-up-with-chase-to-create-next-generation-digital-banking-platform 
] , to power its entry into the UK retail banking market. Other 10x clients 
include Westpac, Australia's first and oldest bank where their new 
Banking-as-a-Service (BaaS) platform, powered by SuperCore, has already 
generated many new partnerships. Among them, Afterpay will provide transaction 
and savings accounts, as well as other cashflow management tools, to its 3m+ 
customers in Australia.

"As we enter our next phase of growth the quality and financial services 
experience that these new business development hires bring to our business 
further strengthens our ability to deliver customer-centric solutions that 
improve the experience for every customer," said Antony Jenkins [ 
https://www.linkedin.com/in/antony-jenkins/ ] , Founder, Chair and CEO of 10x 
Banking.

Lucy Heavens [ https://www.linkedin.com/in/lucyheavens/ ]  joins as Chief 
Marketing Officer. She brings a wealth of experience in FinTech and RegTech, 
having held senior marketing roles at Wealth Dynamix, CUBE, and SimCorp. Lucy 
is also Co-Founder of RegTech Women.

Tom Phillips [ https://www.linkedin.com/in/tom-phillips/ ]  joins as Senior 
Vice President, Business Development, Europe. Tom brings a broad global 
perspective to 10x, having worked for FinTech providers and banks, including 
JPMorgan Chase & Co and Deutsche Bank.

Nicholle Lindner [ https://www.linkedin.com/in/nicholle-lindner/ ]  joins as 
Regional Director, APAC. An experienced financial services industry leader and 
digital banking advisor, Nicholle has held senior banking and management 
consulting positions at Westpac, Commonwealth Bank of Australia, National 
Australia Bank, Unisys, and Capgemini.

About 10x Banking
10x Banking (10x) is a financial technology company with a mission to move 
banks from monolithic to next-generation core banking solutions delivered 
through the world's most comprehensive and powerful cloud native SaaS bank 
operating system.

With its secure, reliable, scalable and modular core banking platform 
SuperCore, 10x supports highly customizable product behaviors and accounting 
rules, integrates with banks' wider technology estates and harmonizes with 
local and regional compliance and regulatory requirements. SuperCore enables 
banks to deliver products, services and customer experiences to retail and SME 
customers faster and more cost effectively.

10x was founded in 2016 by Antony Jenkins, former Group CEO of Barclays.

Source: 10x Banking
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