Thought Machine

The foundations of modern banking

London, United Kingdom · Founded 2014 · $466.4M raised

Headquarters
London
Employees
501–1000
Founded
2014
Business Model
B2B
Total Funding
$466.4M
Last Round
$23.4M Series AMay 2022
Rounds
4

About

Thought Machine is a London-based fintech company that builds cloud-native core banking and payments technology for the world's leading banks. Its Vault Core platform is a complete core banking system built from scratch without legacy code, designed to run natively in the cloud with horizontal scaling and continuous deployment. Vault Payments enables banks to process all payment types for every method, scheme, and region. Founded in 2014, Thought Machine was named a Leader in the 2025 Gartner Magic Quadrant for Retail Core Banking Systems. Investors include JPMorgan Chase, Lloyds Banking Group, ING, Standard Chartered, and SEB.

Summary

Thought Machine is a Fintech company based in London, United Kingdom, founded in 2014. It has raised $466.4M in total across 4 rounds, most recently a $23.4M Series A round in May 2022. Investors include Temasek, Nyca Partners and ING.

Tech & App Stack

13 technologies & apps tracked

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Funding History

Series DSeries DMay 2022
$160.0M

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Investors

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