Who is thought machine? Headquartered in London, Thought Machine was founded in 2014 with a mission to enable banks to deploy modern systems and move away from heritage IT platforms that plague the banking industry. It accomplishes this through Vault, its core banking platform.What does thought machine do for banking? Thought Machine. Overview. Thought Machine are building Vault, a next-generation core banking system for banks. Thought Machine is one of the UK's leading Fintech companies and is undergoing a period of rapid expansion. Their mission is to cure one of the banking industry's primary problems: its reliance on outdated IT infrastructure.What is thought machine fintech? What is Thought Machine? Founded in 2014 by CEO Paul Taylor, the London-based fintech specialises in developing “cloud native technology for banks” as an alternative to the legacy core banking platforms that high street lenders are struggling to modernise.What is thought machine vault? Thought Machine are building Vault, a next-generation core banking system for banks. Thought Machine is one of the UK's leading Fintech companies and is undergoing a period of rapid expansion. Their mission is to cure one of the banking industry's primary problems: its reliance on outdated IT infrastructure.
Thought Machine has 10 current employee profiles, including Founder and CEO Paul Taylor. Paul Taylor Founder and CEO. Peter Ebden Chief Infrastructure Officer (CIO) Matt Wilkins Chief Information Officer. William Montgomery Chief Technology Officer (CTO) Travers Clarke-Walker Chief Commercial Officer. Gareth Richardson Chief Operating Officer.
Today, Thought Machine is mainly focused on building Vault’s Retail and small business banking capabilities. Commercial and Private Wealth offerings are planned for the future. At the core of any bank are its products as these define how the bank operates with respect to financial management of a customer’s assets and liabilities.
Thought Machine has 410 employees across 3 locations and $148.42 m in total funding,. See insights on Thought Machine including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft.
Thought Machine runs an accreditation program and can recommend accredited partners to work with a bank. Thought Machine can write the Smart Contracts and workflows. We usually do this at the start of an engagement as we onboard the bank to ways of developing in Vault.
In terms of nationality, Thought Machine has 450 staff and over 45 different nationalities across three offices. Although we are above the UK’s average of women in fintech, we have got work to do. To help us achieve greater parity we have introduced a number of measures and initiatives, including coaching and training.
Thought Machine's Chief Infrastructure Officer is Peter Ebden. Other executives include Paul Taylor, CEO, Board Member; Will Montgomery, Chief Technology Officer and 18 others. See the full leadership team at Craft.
Thought Machine investors. Thought Machine's latest funding round in July 2020 was reported to be $42 m. In total, Thought Machine has raised $148.4 m.
Thought Machine has raised a total of $348.6M in funding over 4 rounds. Their latest funding was raised on Nov 29, 2021 from a Series C round. Thought Machine is funded by 12 investors. IQ Capital and British Patient Capital are the most recent investors.
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