Thought Machine | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Thought Machine is a London-based technology company that specializes in cloud-native core banking and payments solutions. Founded...


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Thought Machine is a London-based technology company that specializes in cloud-native core banking and payments solutions. Founded in 2014, the company aims to revolutionize the banking industry by providing a modern platform called Vault, which allows banks to build and manage financial products with flexibility and power, free from legacy systems. The Vault platform is designed with a microservices architecture and is capable of supporting various banking operations, including lending, payments, and investment services.

Website
Headquarters
London, England
Size
501-1000 employees
Industry
Software Development
Specialities
FinTech and Banking

🛍️ Thought Machine Product and Pricing News →

👔 Thought Machine CEO, Management and Leadership Team →

⚔️ Thought Machine Alternatives and Competitors →

💼 Thought Machine Hiring and Layoffs →

🤖 Thought Machine Developer, Integration and Automation News →

📈 Thought Machine Financials, Fundraising and Valuation News →

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🛍️ Thought Machine Product and Pricing News

  • Thought Machine has added new public repositories including 'cronexpr' and 'dracon', focusing on a cron expression parser and a security scanning tool respectively.
  • Thought Machine has introduced a new public repository called 'dracon' for security scanning and static analysis.
  • Thought Machine has been shortlisted for 'Best Core Banking Platform' in the Banking Tech Awards by Fintech Futures.
  • Thought Machine has been recognized as a major player in the IDC MarketScape 2024 for North America Digital Core Banking Platforms.
  • Thought Machine's Vault Payments solution offers both Account to Account and card payments on a single platform, addressing the limitations of legacy payment technologies.

  • Thought Machine, in collaboration with 2innovate and Amazon Web Services, organized the panel 'Arquitecturas Disruptivas en Entornos Regulados' in AWS Colombia's offices to discuss banking modernization and integration challenges.
  • Edward Whiting, Client Engineering Manager, co-hosted the Thought Machine APAC Away Day 2024 with Priya Kuppusamy on October 21.
  • Thought Machine hosted a Regional Client Summit in London where David Perry, CTO of Vemi Money, discussed using their platform to develop a digital Shariah-compliant bank in the UK.

👔 Thought Machine CEO, Management and Leadership Team


⚔️ Thought Machine Alternatives and Competitors

  • Temenos
  • |
  • Mambu
  • |
  • FIS Profile
  • |
  • SAP Transactional Banking
  • |
  • Fusion Phoenix
  • |
  • FintechOS
  • |
  • Fimple
  • |
  • Tuum
  • |
  • Nubank
  • |
  • Advapay
  • |
  • Finacle
  • |
  • nCino
  • |
  • Alkami
  • |
  • 10x
  • |
  • Finxact
  • |
  • iGTB
  • |
  • ICS Financial Systems
  • |
  • Meniga
  • |
  • Financial Objects
  • |
  • Leveris
  • |
  • Backbase

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💼 Thought Machine Hiring and Layoffs

  • Thought Machine is currently seeking a Managing Director of Sales - North America in the United States.
  • Alex Menage has been appointed as Managing Director EMEA at Thought Machine.
  • Thought Machine appointed Peter Bagge as the new APAC GM to strengthen their growth in the region.
  • Thought Machine is currently seeking a Client Success Manager in Singapore.
  • Asif F. has been promoted to lead marketing and communications at Thought Machine.

  • Vini De Sousa has joined Thought Machine as a Strategic Account Executive - Americas in the United States, previously serving as an Account Manager - Brazil at Forcepoint.
  • Kayley N. has left Thought Machine as a Product Manager in Singapore to join Airwallex as a Senior Product Manager.
  • Vini De Sousa has started a new role as Strategic Account Executive at Thought Machine, focusing on fintechs and challenger banks in the Americas.

🤖 Thought Machine Developer, Integration and Automation News

  • Thought Machine's Vault Core has been selected to power Curve Credit.
  • Thought Machine has partnered with Afin Bank to launch a new digital bank for Africans in the UK.
  • Thought Machine has partnered with Axxiome to integrate its Vault Core banking platform with Axxiome Digital's omnichannel platform, enhancing banking solutions.
  • Vacuumlabs is using Thought Machine's Vault to develop a technology platform for Afin Bank's mobile banking application.


📈 Thought Machine Financials, Fundraising and Valuation News

  • Thought Machine has raised $160 million in Series D funding.
  • Paul Taylor, CEO of Thought Machine, stated that the increase in NI contributions will raise the company's UK payroll costs by £800,000.


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