10x Future Technologies looking at $100 million fund raise
10x Future technologies, the banking technology firm set up by former Barclays chief Antony Jenkins, has hired Lazard in a bid to raise a $100 million Series C funding round next year, according to Sky News
The capital-raise will be the first for 10x since a £32m equity injection in the first half of last year, which included a £15 million investment from the UK’s Nationwide Building Society.
More than 100 new employees have joined 10x over the past several months, predominantly in technology roles focused on product and engineering. Amid the global Covid pandemic, 10x staff began working remotely away from its central London offices in early March.