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Leaders with Francine Lacqua

Ex-Barclays CEO Antony Jenkins Wants to Disrupt the Dinosaurs

Leaders with Francine Lacqua

Bloomberg

Management, Business, Careers, Entrepreneurship

4.664 Ratings

🗓️ 2 February 2023

⏱️ 29 minutes

🧾️ Download transcript

Summary

Antony Jenkins is building technology he wanted when he ran Barclays. The former chief executive served at the big bank for three very turbulent years, spending a lot of time wondering why there wasn’t a better way to automate its operations. When he left, he decided to find a way to do just that for everyone else. 

On this week’s In the City, Jenkins joins hosts Francine Lacqua and David Merritt to share his story of starting 10x Banking Technology, a key player in London’s growing fintech scene. He launched the company in 2016 with £1 million of his own money. The company’s name reflects its mission, he said: develop new technology that can make banking 10 times better than what it is. It was most recently valued at about £600 million.

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Transcript

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1:16.2

I'm David Merritt. And I'm Fronqua and this is In The City Bloomberg's podcast connecting you to the stories and the voices at the heart of the city of London. This week a conversation

1:20.7

with Anthony Jenkins founder and executive chairman of 10x future technologies a key player in

1:25.9

London's growing fintech scene. Yes so antsy thanksi, thank you for joining us on in the city. I think we'd just love to start with,

1:32.9

you know, the sort of genesis story really of 10x. You were running one of the biggest companies

1:37.5

in Britain and the most famous banks and you've taken this leap into this new industry of fintech.

1:43.3

Tell us how it all started.

1:45.0

Well, in many ways, it's very different to what I did before.

1:47.3

And in many ways, it's a lot of the same themes.

1:49.6

I mean, I go back to the early 90s in my sort of fascination with technology and financial services.

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