4 years ago
10x Future Technologies Secures $187M in Series C Funding for Global Expansion
10x Future Technologies, a London-based fintech company, raised $187 million in Series C funding led by BlackRock and Canada Pension Plan Investment Board
The funding will be used for expansion into new markets, including North America, and further development of the 10x SuperCore⢠platform, a cloud native SaaS bank operating system that enables banks to deliver products, services, and customer experiences to retail and SME customers.
ProblemFinancial Services
"Banks are struggling to keep up with the fast-paced world of fintech. They are slow to innovate and have outdated technology that makes it difficult to offer new products and services. This means that they are losing customers to newer, more agile competitors."
Solution
"10x Future Technologies has built a cloud-native platform that allows banks to quickly and easily launch new products and services. It's like a digital operating system for banks that makes it easy for them to adapt to new technologies and customer demands. "