Thought Machine has built Vault, a modern cloud native core system for banks constrained by legacy technology. Its API-driven solution enables banks to innovate and offer customized products and personalised customer experiences. Over the last months, the company has scaled up international hiring, adding 100 employees in the first two quarters of 2020 across three regions.
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Fintastico Team
4 months
https://www.fintechfutures.com/2020/07/amtd-gro...
AMTD Group teams with SME partners ahead of Singa Bank’s launch - FinTech Futures
AMTD Group, one of Asia’s largest independent investment banks, has landed three partnerships which hint to the shape of its Singapore-based digital bank.
Fintastico Team
4 months, 1 week
https://www.crowdfundinsider.com/2020/07/164690...
Fintech Firm Thought Machine, a Core Banking Tech Provider, Secures $42 Million in Additional Capital as Part of $125 Million Series B
Fintech firm Thought Machine, a core banking tech provider, secures $42 million in additional capital as part of $125 million Series B.
Fintastico Team
4 months, 1 week
https://www.fintechfutures.com/2020/07/thought-...
Thought Machine lands another $42m for Asia-Pacific expansion - FinTech Futures
Thought Machine, the London-based core banking provider working closely with Lloyds and Standard Chartered, has landed an additional $42 million.
Fintastico Team
4 months, 1 week
https://www.crowdfundinsider.com/2020/07/164690...
Fintech Firm Thought Machine, a Core Banking Tech Provider, Secures $42 Million in Additional Capital as Part of $125 Million Series B
Fintech firm Thought Machine, a core banking tech provider, secures $42 million in additional capital as part of $125 million Series B.
Fintastico Team
4 months, 1 week
https://in.reuters.com/article/us-eurazeo-brita...
French private equity firm Eurazeo invests in UK fintech firm Thought Machine
French private equity firm Eurazeo has invested $33 million in Thought Machine, a British-based fintec company founded in 2014 by former Google engineer Paul Taylor which has set up software systems for banks.
Fintastico Team
4 months, 1 week
http://feedproxy.google.com/~r/finovate/~3/3m1z...
Thought Machine Locks in $42 Million in Funding - Finovate
Cloud banking technology provider Thought Machine has secured another $42 million in funding, boosting its Series B round to a total of $125 million after picking up an $83 million investment this spring. The new infusion of capital was led by Eurazeo Growth and featured participation from new investors British Patient Capital and SEB. The Read more...
Fintastico Team
4 months, 1 week
https://www.penews.com/articles/eurazeo-invests...
Eurazeo invests $33m in UK fintech Thought Machine
The France-based firm has led a Series B funding round that collected $125m in total
Fintastico Team
4 months, 1 week
https://www.finextra.com/pressarticle/83476/tho...
Thought Machine adds $42m in funding
Thought Machine, the cloud native core banking technology firm, today announces the signing of an additional $42m in funding for its series B round, due to close in early August
Fintastico Team
4 months, 1 week
https://www.finextra.com/pressarticle/83469/ato...
Atom expands mortgage business
Atom, the UK’s first bank built for mobile, completed pricing this week on its third residential mortgage-backed securitisation (RMBS), Elvet Mortgages 2020-1.
Fintastico Team
4 months, 1 week
https://www.reuters.com/article/us-eurazeo-brit...
French private equity firm Eurazeo invests in UK fintech firm Thought Machine
French private equity firm Eurazeo has invested $33 million in Thought Machine, a British-based fintec company founded in 2014 by former Google engineer Paul Taylor which has set up software systems for banks.
Fintastico Team
4 months, 1 week
https://www.crowdfundinsider.com/2020/07/164573...
Fintech Funding in the UK Declines During H1 2020, but Challengers Revolut, Starling Bank, Checkout.com, Onfido Close Mega $100 Million+ Rounds
UK Fintech funding drops during H1 2020, but challengers Revolut, Starling Bank, Checkout.com, Onfido close $100M+ rounds.
Fintastico Team
4 months, 1 week
https://www.computerweekly.com/news/252486686/U...
UK fintech investment down by more than 30%
Less established fintechs hit hardest by drop in investment capital, but there is light ahead for those that survive
Fintastico Team
4 months, 1 week
https://www.information-age.com/uk-fintech-inve...
UK Fintech investment slows, but cautious optimism ahead
Although UK Fintech investment is slowing, there is cautious optimism ahead as $1.84bn was invested into the sector in first half of 2020
Fintastico Team
4 months, 1 week
https://www.finextra.com/newsarticle/36283/uk-f...
UK fintech funding slows amid pandemic
The first half of 2020 has seen investment in the UK's fintech sector slow by more than a third as venture capitalists (VCs) chose to either keep hold of the money or invest in more established companies amid the global pandemic.
Fintastico Team
4 months, 1 week
https://www.finextra.com/newsarticle/36283/uk-f...
UK fintech funding slows amid pandemic
The first half of 2020 has seen investment in the UK's fintech sector slow by more than a third as venture capitalists (VCs) chose to either keep hold of the money or invest in more established companies amid the global pandemic.
Fintastico Team
4 months, 1 week
https://www.crowdfundinsider.com/2020/07/164573...
Fintech Funding in the UK Declines During H1 2020, but Challengers Revolut, Starling Bank, Checkout.com, Onfido Close Mega $100 Million+ Rounds
UK Fintech funding drops during H1 2020, but challengers Revolut, Starling Bank, Checkout.com, Onfido close $100M+ rounds.
Fintastico Team
4 months, 1 week
https://www.cityam.com/british-fintech-investme...
British fintech investment slows as backers remain cautious
Investment in the UK's top-performing fintech sector slowed by more than a third in the first half of 2020, as investors held onto their cash.
Fintastico Team
5 months
https://thefintechtimes.com/thought-machines-va...
Thought Machine’s Vault now proven and available on all infrastructure options: SaaS, Private or Public Cloud, Hybrid Cloud and on Premises | The Fintech Times
Core banking firm expands product compatibility, now runs on Google Cloud, Amazon Web Services, Microsoft Azure, IBM Cloud, as well as on premise or as Hybrid Cloud using OpenShift from Red Hat
Fintastico Team
5 months, 1 week
https://www.crowdfundinsider.com/2020/06/163395...
Thought Machine’s Core Banking Platform Vault Now Runs on Every Major Cloud Infrastructure
Thought Machine, a company that builds cloud-native tech for banks, announced on Monday its core banking platform Vault now runs on every major cloud infrastructure provider including Google Cloud Platform, Amazon Web Services, Microsoft Azure, and IBM Cloud. Founded in 2014, Thought Machine is the
Fintastico Team
5 months, 1 week
https://www.finextra.com/pressarticle/83090/tho...
Thought Machine arrives on Google Cloud
Thought Machine, the cloud native core banking technology firm, has today announced that its core banking platform Vault now runs on every major cloud infrastructure provider including Google Cloud Platform, Amazon Web Services, Microsoft Azure and IBM Cloud.
Fintastico Team
5 months, 1 week
https://www.americanbanker.com/articles/with-vi...
With virus hastening online push, does Amazon-like future await banks?
Ezequiel Szafir, CEO of Banco Santander's digital-only Openbank, sees banks of the future looking increasingly like Amazon.com — online store fronts for financial products in much the same way as the retailer is for consumer goods.
Fintastico Team
5 months, 2 weeks
https://www.fintechfutures.com/2020/06/thought-...
Thought Machine taps Cognizant for new managing director - FinTech Futures
Core banking provider, Thought Machine, has tapped consultancy firm, Cognizant, to find its new managing director, Mark Vasey.
Fintastico Team
5 months, 2 weeks
https://www.crowdfundinsider.com/2020/06/162928...
Atom Bank Receives ID Verification, Risk Monitoring and Other Core Banking Features from Thought Machine and TruNarrative
Thought Machine and Regtech TruNarrative have partnered to bring identity verification, risk monitoring, and cloud-native core banking to digital bank Atom bank, according to a post by the company. The partnership is described as enabling Atom to use the TruNarrative platform to conduct a suite
Fintastico Team
5 months, 3 weeks
https://www.crowdfundinsider.com/2020/06/162612...
Cauldron Launches Child Money Management App Nestlums
Cauldron, a UK-based experimental “arm of fintech revolutionaries,” has launched its new kids money management app, Nestlums. According to Cauldron, Nestlums offers modern money training for children through a unique, character-driven, ramified experience without connecting to a bank account or touching actual money. “Nestlums