Thought Machine

Thought Machine is a London-based fintech company founded in 2014 by Paul Taylor. It specializes in cloud-native core banking technology, aiming to replace legacy banking systems with modern solutions. The company operates internationally, with offices in the UK, Singapore, the United States, Australia, and is expanding into Asia Pacific and Latin America. The flagship product, Vault, is a cloud-native core banking platform built using microservices architecture. Vault allows banks to build, manage, and customize financial products with high flexibility and scalability. It supports various banking operations, including retail banking, lending, payments, and investment services, catering to both large tier-one banks and smaller fintechs. Thought Machine has established partnerships with major financial institutions such as Lloyds Banking Group, JPMorgan Chase, and Standard Chartered, reflecting its focus on serving both established banks and innovative new ventures. The company has also secured significant venture capital funding, with a valuation of $2.7 billion following a Series D funding round in 2022.