The banking software producer has received $187m of series C capital from investors including Nationwide, Ping An and Westpac at a reported $700m valuation.
UK-based digital banking software provider 10x Future Technologies closed a $187m series C round today featuring insurance group Ping An and financial services providers Westpac and Nationwide.
The round was co-led by Canada Pension Plan Investment Board and funds managed by BlackRock. It included investment bank JPMorgan Chase and valued 10x at about $700m, a source close to the company told TechCrunch.
Founded in 2016, 10x provides a cloud-based operating system for banks called 10x SuperCore which can integrate with…
