Antony Jenkins’ FinTech company, 10x Banking, has reportedly raised £40 million in fresh funding, adding to the £200 million raised previously, and expanding to Australia and New Zealand. The company’s newest addition, Matt Mills, former chief revenue officer at RegTech 50 firm Featurespace, joins as the new chief revenue officer. This round of funding, led by existing investors Blackstone and JPMorgan Chase, signals the company’s commitment to revolutionizing the banking industry. Mills noted the company’s unparalleled resiliency and scale, adding that he was excited to be part of the journey. Despite its accounts being overdue since the end of 2023, 10x Banking remains committed to its mission to enable banks to make banking better for their customers and society.
Former Barclays CEO’s startup, 10x Banking, secures £40m in funding.
