Debt and equity financing · Fintech
10x Banking raises £40m in debt and equity
AshGrove Capital finances the banking-software company’s go-to-market expansion.
New capital after the 2024 round
The August 4 financing combines debt and equity from AshGrove Capital. The split and valuation were not disclosed. It is 10x Banking’s first reported fundraise since a roughly £34 million round in 2024.
The company said it had added more than ten financial institutions in the preceding year. The new capital supports its commercial rollout as banks invest in digital services.
Use of funds
Expand go-to-market operations
Funding history
Debt and equity financing · This round£40M