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10x, a UK fintech, raises $187M to build new services for old banks

10x, a UK fintech, raises $187M to build new services for old banks

As so-called neobanks continue to gain more traction in the market with their more modern takes on banking and other financial services, a startup that’s building technology to help incumbent players better compete is announcing a big round of funding. 10x Future Technologies, a London-based fintech that helps larger, established banks build both next-generation services…

Daily Crunch: The Nubank EC-1

Daily Crunch: The Nubank EC-1

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. It’s Daily Crunch time for Monday, June 14. I will be standing in for Alexander Wilhelm while he’s off enjoying his time away from the news cycle — if I don’t have…

Inside Marqeta’s fintech mega-IPO

Inside Marqeta’s fintech mega-IPO

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Want it in your inbox every Saturday? Sign up here. Ready? Let’s talk money, startups and spicy IPO rumors. A small programming note: The Exchange…