10x Banking CEO statement: celebrating 10 years of 10x following strong 2025 momentum

2026 marks a significant milestone for 10x Banking. Ten years ago, we set out on a mission to make banking ten times better – better for banks, better for their customers and better for society. Today, our success in that mission has helped customers to modernize and scale through an era heavily shaped by technological innovation.  

Over the past decade, 10x has grown into a global core banking provider supporting banks across APAC, Africa and the UK to address well-known legacy challenges while unlocking real-time data access, accelerating product innovation and reducing cost-to-serve. 

The rise of AI is placing even greater demands on banking platforms to become real-time, data-driven, and scalable. Research commissioned by 10x reveals that a third of financial institutions could lose customers by neglecting core modernization and only 30% of banks and financial services are using AI at the core.  

Our 10-year anniversary comes off the back of a strong 2025, a year which saw major new customer and partner wins, geographic expansion across APAC and key senior hires from NatWest and Temenos. 

Global customer and partner wins & expansion into new territories

• The Co-operative Bank: the only customer-owned bank in New Zealand to share profits with its customers, selected the 10x Banking platform to lead a multi-year project of core migration and digital transformation. 
  
  
• West Brom Building Society: the UK’s eighth largest building society selected 10x to lead a multi-phase transformation strategy, delivered in partnership with Deloitte, enhancing West Brom’s digital savings products, migrating existing accounts to Converge™ and the 10x platform, and unlocking greater value across its mortgage portfolio. 
   
• Old Mutual: Africa’s second largest financial institution successfully launched OM Bank in Africa, the bank’s first fully digital, customer first banking platform. OM Bank is powered by the 10x core banking platform, designed to redefine financial services for South Africans.  
  
  
• Constantinople: Working closely with 10x, Constantinople is already serving customers across APAC including Great Southern Bank, Australia’s largest customer owned bank, with over 400,000 members.  
  
  
• audax: 10x entered a strategic partnership with audax, the Standard Chartered backed digital banking technology provider, helping banks across APAC, Europe and the Middle East break through legacy constraints and accelerate new digital revenue models such as Banking-as-a-Service, digital wallets and super apps.   
  
  

Bold leadership appointments & industry recognition   

In 2025, we added to our commercial success with a series of strategic senior appointments designed to propel us into our second decade of growth. We welcomed former NatWest Boxed Head of Growth Tom Bentley, who joined us as Chief Revenue Officer in July, and former Temenos President Philip Barnett joined as Executive Vice Chair in October.   

10x was also the beneficiary of several industry accolades across the year, including:   

• Named as a ‘Luminary’ by leading research house Celent, in the Next-Gen Core Banking Platforms for Mid-Large Banks   
  
  
• Winner of the FF News Awards Partnerships category for its work with Constantinople   
  
  
• Finalist in the Best Challenger Core Banking System category at the FinTech Futures Banking Tech Awards   
  
  
• Named in FinTech Magazine’s Top 100 Companies for 2025.  

As we reflect on the past decade, what stands out most is how clearly 10x's original purpose guided our achievements. In addition to commercial success, we have introduced new frameworks to support women in our workplaces and joined the UN Global Compact to align more closely with the UN Sustainable Development Goals.  

Our commitment to the values that founded 10x remains as strong as ever, and I’m thankful to all our customers, partners and the 10xers who built and supported 10x throughout the journey so far.