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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…