10x Banking offers a fourth-generation, cloud-native core banking platform designed for real-time operations, continuous product innovation and AI-enabled financial services. Its technology underpins major institutions including Westpac and Chase UK and helps banks replace legacy systems, reduce operational complexity and bring new products to market faster. Over the past 12 months the company turned EBITDA-positive, passed 10 million live customer accounts, onboarded more than 10 new financial institutions and grew ARR by upwards of 30%. The firm plans to deploy new capital to scale sales and go-to-market efforts as it pursues global expansion. AshGrove Capital joined as a new investor, citing 10x’s revenue trajectory, cost discipline and customer base that has increased platform usage.

Total raised

$373M

Funding rounds

7

Latest round

Equity

Latest activity

Aug 2026