News

10x Future Technologies raises USD 34 mln in series A funding round

Thursday 21 September 2017 09:55 CET | News

10x Future Technologies, a banking technology provider, has closed its series A funding round with a USD 34 million investment. 

This will allow 10x Future Technologies to further build out its digital platform offering and expand into some of the world’s fastest-growing markets.

10x Future Technologies is also exploring developing a strategic partnership with Ping An, China-based financial services companies that will help promote 10x Future Technologies’ in the Asia region. In addition, 10x has agreed a joint business development partnership with Oliver Wyman, a global management consulting company, which will help configure its platform as it enters new markets.

Launched in October 2016, 10x Future Technologies provides clients with a new digital platform that unifies their wide array of often complex, cumbersome data systems into a lean, future-proof architecture, helping financial service providers transform how they operate and engage with customers.

The finished platform will put the customer at the centre of all transactions by allowing financial services providers to offer products such as mortgages, credit cards, loans, savings and current accounts that are far better tailored to customers’ specific needs. 


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: 10x Future Technologies, investment, banking, online banking, banking platform
Categories: Banking & Fintech
Companies:
Countries: World
This article is part of category

Banking & Fintech