PR94343

LONDON, Feb. 2, 2022 /PRNewswire=KYODO JBN/ --

10x Banking (10x) [ https://www.10xbanking.com/ ] today announces the

appointment of three senior sales and marketing leaders, to fuel the next stage

of growth for the core banking technology provider.

These hires follow the firm's June 2021 announcement [

https://www.10xbanking.com/learn/series-c-announcement ] of an oversubscribed

$187 million Series C financing round, co-led by funds managed by BlackRock and

Canada Pension Plan Investment Board (CPP Investments), and supported by

existing investors JPMorgan Chase, Nationwide, Ping An and Westpac. 10x is

using the funding to support expansion plans into new markets as well as

investing in further development of the cloud native SuperCore(TM) platform.

Since 2016 10x has focused on developing SuperCore, the secure, reliable,

scalable and modular core banking platform. SuperCore is purpose-built to

deliver products, services, and customer experiences to retail and SME

customers faster and more cost effectively.

SuperCore [ https://www.10xbanking.com/platform ] is enabling banks to serve

customers better and using intelligent technology to deliver true

transformation. In September 2021 Chase announced a partnership with 10x [

https://www.10xbanking.com/learn/10x-banking-teams-up-with-chase-to-create-next-generation-digital-banking-platform

] , to power its entry into the UK retail banking market. Other 10x clients

include Westpac, Australia's first and oldest bank where their new

Banking-as-a-Service (BaaS) platform, powered by SuperCore, has already

generated many new partnerships. Among them, Afterpay will provide transaction

and savings accounts, as well as other cashflow management tools, to its 3m+

customers in Australia.

"As we enter our next phase of growth the quality and financial services

experience that these new business development hires bring to our business

further strengthens our ability to deliver customer-centric solutions that

improve the experience for every customer," said Antony Jenkins [

https://www.linkedin.com/in/antony-jenkins/ ] , Founder, Chair and CEO of 10x

Banking.

Lucy Heavens [ https://www.linkedin.com/in/lucyheavens/ ]  joins as Chief

Marketing Officer. She brings a wealth of experience in FinTech and RegTech,

having held senior marketing roles at Wealth Dynamix, CUBE, and SimCorp. Lucy

is also Co-Founder of RegTech Women.

Tom Phillips [ https://www.linkedin.com/in/tom-phillips/ ]  joins as Senior

Vice President, Business Development, Europe. Tom brings a broad global

perspective to 10x, having worked for FinTech providers and banks, including

JPMorgan Chase & Co and Deutsche Bank.

Nicholle Lindner [ https://www.linkedin.com/in/nicholle-lindner/ ]  joins as

Regional Director, APAC. An experienced financial services industry leader and

digital banking advisor, Nicholle has held senior banking and management

consulting positions at Westpac, Commonwealth Bank of Australia, National

Australia Bank, Unisys, and Capgemini.

About 10x Banking

10x Banking (10x) is a financial technology company with a mission to move

banks from monolithic to next-generation core banking solutions delivered

through the world's most comprehensive and powerful cloud native SaaS bank

operating system.

With its secure, reliable, scalable and modular core banking platform

SuperCore, 10x supports highly customizable product behaviors and accounting

rules, integrates with banks' wider technology estates and harmonizes with

local and regional compliance and regulatory requirements. SuperCore enables

banks to deliver products, services and customer experiences to retail and SME

customers faster and more cost effectively.

10x was founded in 2016 by Antony Jenkins, former Group CEO of Barclays.

Source: 10x Banking