10x Banking has raised $52.9M from AshGrove Capital. The London-based company sells a cloud-native core banking platform that lets financial institutions swap out legacy infrastructure without pulling the plug on live operations.
Its fourth-generation, event-driven architecture handles real-time data streaming and API-first design, plus AI-powered tools for building, learning, and migrating. Banks including Chase UK and Westpac use it to run retail, SME, corporate, and embedded finance products.










